80s-90s Hip-Hop/Electronic Featuring The Prodigy

Collect songwriter royalties from iconic samples from history, including multiple tracks by the revolutionary English electronic band The Prodigy, including their 1997 smash hit “Smack My Bitch Up.”

$21,500

closing price

Auction Closed

Top Bid: David D

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: $13,000
Bidding Increment: $500
Closing Price: $21,500
End Date: Apr 12, 2019, 1:04 PM MDT
Dollar Age:

~22.9 YEARS

Last 12 Months' Royalties: $4,225
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: May 13, 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

Up for auction is a unique collection of early hip-hop and electronic music dating back to the 1980s. This catalog ranges from the revolutionary and iconic English 1990s electronic band The Prodigy to the 1980s New York hip-hop group, Ultramagnetic MCs and much more. It boasts a Dollar Age of 22.9 years.

Featuring a hook from Ultramagnetic MCs as the chorus, The Prodigy track “Smack My Bitch Up” owes it’s iconic choral hook to the 1988 hip-hop track, “Give The Drummer Some.” What’s good news for the winning investor is both works are included in this auction. Widely recognized as one of The Prodigy’s most popular releases, the track contributes to 50% of earnings in the last 12 months. Released in 1997, what’s even more interesting is its continued growth over the two decades since its release.

Following closely behind in earnings is another The Prodigy track, “Out of Space” which contributes 26% of earnings in the last 12 months. “Out of Space” samples an additional Ultramagnetic MCs track, “Critical Beatdown.” Released in 1992, “Out of Space” also shows recent growth at 9% in the last 12 months.

This collection also features the track that put Ultramagnetic MCs on the map, 1986 release “Ego Trippin.’” Collecting over 7% of earnings in the last 12 months, “Ego Trippin’” is one of the many 80s hip-hop tracks that make up the foundation of this collection. It’s worth noting that the track is cited as the first hip-hop song to feature the "Synthetic Substitution" drum break sample, one of the most sampled songs of all time.

A gold mine of samples, this collection also boasts Nas’s “Take It In Blood” which samples the Ultramagnetic MCs “Ease Back.” “Take It In Blood” shows recent growth of nearly 25% in the last 12 months. Both works are included in this auction.

Key Drivers

Song Age. This catalog contains music with release dates dating back through the mid-1980s, resulting in a Dollar Age of 22.9 years. Industrywide, "Deep Catalog" titles (those released more than three years ago) accounted for 55% of all album sales in 2018, up from 51% in 2017

This collection of songs aligns with this trend. The highest-earning tracks — “Smack My Bitch Up” and “Out of Space” — were released in 1997 and 1992, respectively. A catalog containing more mature works is something worth noting as an investor.

International. The majority of this catalog’s earnings come from abroad — at 85% of historical earnings. This is no surprise for a collection driven by the iconic English band The Prodigy. 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.

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 nearly 10% of this catalog’s earnings over the last 12 months and these earnings are up over 13% in the same period.

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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