25-Year-Old #1 Dance Club Hit

This auction features the classic 1994 dance hit “Dreamer” from Italian house group Livin’ Joy, featuring vocals from the esteemed Janice Robinson.

$64,500

closing price

Auction Closed

Top Bid: Gary P

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: $45,000
Bidding Increment: $1,300
Closing Price: $64,500
End Date: Jan 15, 2019, 3:01 PM MST
Last 12 Months' Royalties: $12,593
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: February 11, 2019
Distribution Frequency: Quarterly
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, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: ASCAP

Description

Bid now for a chance to earn from the internationally renowned No. 1 dance club hit, “Dreamer.” The track contributed 73% of this collection’s earnings in the last 12 months and continues to drive significant earnings over a quarter of a century after its release.

Following its debut, “Dreamer” went straight to No. 18 on UK singles charts and frequented the top 100 for nearly three months. In 1995, the track experienced a resurgence, appearing at No. 1 on both the UK Singles Chart and U.S. Hot Dance Club Play chart. To this day, the track retains relevancy overseas, driving this collection’s impressive international income, at 86% in the last 12 months.

“Dreamer” remained a success for decades to come, eventually sparking original writer and performer Janice Robinson to release her own version of "Dreamer" as a solo artist in 2005. This version reached No. 5 on the US Dance chart.

This collection contains additional works including “Risin’” from Belgian artist Natalia, “There Must Be Love” from Grammy-winning U.S. DJ David Morales, and “So Into You” by Belgian artist Brahim. Collectively, the works contribute to nearly 15% of earnings in the last 12 months.

Key Drivers

Evergreen. This catalog features works dating back to 1995 and they are still earning. This demonstrates the longevity and impact the songs and artists have on today’s listeners. Opportunities to collect royalties from evergreen artists and royalty stream don’t come around often. Based on the 2018 BuzzAngle Music report, “Deep Catalog” (music released more than 3 years ago) represents 50% of music streamed today. “Dreamer" aligns with this trend, as it was released in 1994 and still continues to generate consistent royalties today.

International. As this catalog’s top earning track comes from the 90’s Italian Eurodance group Livin’ Joy, it is no surprise the majority of this catalog’s earnings come from abroad — at 92% of historical earnings. Although international royalty distribution can lag behind domestic payments and arrive with limited detail, as the winner of this auction you’ll be entitled to any past performance royalties paid by ASCAP, regardless of when they were earned.

As this collection earns primarily from countries outside the United States, it’s important to note that international earnings can often be reported to distributors with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.

Recent Resurgence. Janice Robinson just recently returned to the stage on the X Factor UK, surprising judges as a voice and songwriter behind the international hit “Dreamer”. Janice Robinson performed the track on the popular tv show, sparking a reappearance on UK charts. Following her performance, the song made it to No. 8 on the iTunes Charts, as fans old and new flocked to listen to the dance classic. You can watch the song performed live on The X Factor under the “Media” tab of this listing.

BUYBACK OPTION

The seller has the option to repurchase the royalty share from the winning bidder, for two years after the date of sale, for 150% of the final auction price.

About the Royalty Distributor

American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, SESAC & Global Music Rights. It collects license fees from music users on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed. For more information on ASCAP’s distribution schedule, click here.

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