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.
|End Date:||May 06, 2019, 3:00 PM MDT|
|Last 12 Months' Royalties:||$1,480|
|Investment Term:||10 years*|
|First Distribution:||May 13, 2019|
* 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|
|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.|
Up for auction is the 2X Platinum track “Chill Bill” featuring multiple up-and-coming hip-hop artists – Rob $tone, J. Davis and Spooks. Released in 2015, “Chill Bill” peaked at No. 8 on Billboard’s Hot R&B/Hip-Hop chart.
Cited as Rob $tone’s most popular single to date, “Chill Bill” debuted on the popular streaming site Soundcloud, solidifying it’s streaming success from early on. In fact, to date, over 76% of earnings for the track came from streaming platforms. Currently, “Chill Bill” boasts over 400 million spins on Spotify.
The success of “Chill Bill” lead to the release of Rob $tone’s debut mixtape Straight Bummin’ and a music video for the track which currently claims nearly 200 million plays on YouTube.
Dollar Age. This single song catalog has a Dollar Age of 3.87. That means the track “Chill Bill” has collected royalties for nearly four years. Although ASCAP began distributing royalties for this song in Q1 2017, “Chill Bill” has accrued royalties since its release in 2015. A high Dollar Age like this suggests stability and longevity. A catalog containing mature works with consistent earnings is worth noting. This may sustain a catalog's earnings moving forward.
Hip-Hop/Streaming. This catalog is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2018 Year End Report, hip-hop is the most popular genre of music in the U.S. The driver for the increase is streaming.
Hip-hop/rap tracks accounted for more than a quarter of all on-demand plays on music streaming services in the US in 2018. Streaming accounts for 76% of historical earnings and nearly 70% of this catalog’s earnings over the last 12 months.
International. The majority of this catalog’s earnings come from abroad — at nearly a third of earnings in the last 12 months. 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.
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.