1950s Doo-Wop Song: “At The Hop”

This evergreen offering features publishing royalties generated by the 1957 doo-wop song “At The Hop” from Danny & The Juniors.

$15,200

closing price

Auction Closed

Top Bid: Charles L

The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.

Historic royalty income is no indication of future royalty income. Future royalty income is dependent upon future sales and licensing revenue generated by the sound recordings or compositions associated with this listing.

Starting Price: $6,500
Bidding Increment: $300
Closing Price: $15,200
End Date: Jul 24, 2019, 1:12 PM MDT
Dollar Age:

~ 62 Years

Last 12 Months' Royalties: $2,920
Investment Term: 10 years*
Distributors: BMG
Rights Included:

Mechanical and Sync

Interests Included:

Songwriter/Co-publisher 

Track List:

Track List

First Distribution: (paid 30 days from receipt):

August 31, 2019

Distribution Frequency: Biannually
Buyer Fees:

$500

* Please see the FAQ tab for more information on the 10-year investment term.

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
Non-Interactive Streaming
Sync
Sources: Internet Streaming, Digital Downloads, CD Sales, TV/Film/Commercial Placements, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: BMG

Description

This is a rare opportunity to collect publishing royalties from a classic rock-n-roll song — “At The Hop” performed by Danny & The Juniors.

Released in the fall of 1957, “At The Hop” was an instant hit. The song quickly hit No. 1 on the Billboard charts in January 1958, becoming one of the top-selling singles of 1958. “At The Hop” also hit No. 1 on the R&B Billboard chart. The song’s recognizable sound is attributed to a combination of 1950s rock-n-roll styles: twelve-bar blues, boogie-woogie piano, and the 50s progression.

Impressively, 62 years after its release, “At The Hop” still continues to garner sync requests for use in TV/Film and commercials. Sync royalties are the leading income source for the catalog, with 71% of last year’s income.

Over the years, “At The Hop” has been covered by a variety of artists. Most notably it was performed by revival act Sha Na Na at the 1969 Woodstock Festival, which helped launch their career. If another artist records “At The Hop,” as the winning bidder you’ll be entitled to any mechanical royalties generated by the recording.

Bid now to own this evergreen royalty stream, which has earned since 1957!

Key Drivers

Evergreen Catalog. “At The Hop” dates back to 1957, in the hey-day of rock-n-roll. Over half a century later, the song is still generating royalties — and most notably for sync requests. Opportunities to collect royalties from evergreen artists and royalty stream don’t come around often.

Income Mix. The winner of this auction can receive income from two different royalty streams:

  • Synchronization: Royalties paid to songwriters and publishers for the licensing of a song in music for a movie, TV show, or commercial. You’ll collect all future upfront syn fees for the catalog for the next ten years.

  • Mechanical: Royalties paid to songwriters and artists when music is sold (think CD or vinyl) but also when music is streamed (streaming mechanicals) “on-demand” (like Spotify).

About the Royalty Distributor

BMG Rights Management GmbH is an international music company focused on the management of music publishing, recording rights and music distribution. The company's head office is in Berlin, and it operates regional offices in New York, Nashville, Los Angeles, London, Madrid, Paris, Stockholm, Hilversum, Milan, Beijing, Toronto, Sydney, and São Paulo. BMG is the youngest and fourth-largest major international company in the music industry, with over 2.5 million compositions and recordings in its library.

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