5X Platinum Miley Cyrus' "Wrecking Ball"

Bid now on this single-song auction for the multi-platinum No. 1 international hit “Wrecking Ball” from pop icon Miley Cyrus.

$47,750

closing price

Auction Closed

Top Bid: Tim G

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: $35,000
Bidding Increment: $750
Closing Price: $47,750
End Date: Dec 11, 2018, 3:35 PM MST
Last 12 Months' Royalties: $7,500
Investment Term: 10 years*
Distributors: BMI
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: January 18, 2019
Distribution Frequency: Quarterly
Relist-Eligible?

No

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: BMI

Description

Up for auction is the 2013 chart-topper “Wrecking Ball” from pop star Miley Cyrus. The song initially debuted at No. 50 on the Billboard Hot 100. But after the controversial music video was released, the track skyrocketed to No. 1 on charts in America, Canada, Spain, and the United Kingdom, proving its vast, international reach.

It’s worth noting that the video held the record of Most Views in the First 24 Hours on Vevo after, and currently boasts nearly 1 billion views on YouTube, and continues to receive regular views today. It also won multiple awards, including World’s Best Music Video at the 2014 World Music Awards.

But this is no flash-in-the-pan spike. As you’ll see in the Financials tab, earnings for the song continued to grow following the music video’s release. Much of it comes from international use. To date, this track has earned from over 35 countries worldwide, including Brazil, Switzerland, France, Italy and many more. In fact, international earnings for this collection are currently on the rise, showing impressive growth over the preceding year. International earnings contribute to nearly 70% of revenue in the last 12 months. As the winning investor, you will benefit from the recent growth of this track overseas.

Key Drivers

International Earnings. The majority of this catalog’s earnings come from abroad — at 54% 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 BMI, regardless of when they were earned.

Pop & Streaming. According to the BuzzAngle 2017 Music Report, pop titles were the third-most streamed songs last year, representing 15.6% of all streams. Streaming accounts for 14% of this pop catalog's earnings last year and nearly 30% of historic earnings for this collection.

TV/FIlm. This catalog benefits from placements in TV/Film, contributing to 8% of this catalog's historic earnings. The track “Wrecking Ball” earns from a placement in The Night Before featuring Seth Rogen, Joseph Gordon Levvit and Miley Cyrus. Every time The Night Before plays on TV, a royalty is generated for “Wrecking Ball.” As the winner of this auction, you'll collect the performance royalties for the songs use in TV/Film.

About the Royalty Distributor

Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, 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 BMI’s distribution schedule, click here.

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