'80s R&B, '90s Hip-Hop & More

Bid on this diverse catalog that features hits ranging from 1980s group Timex Social Club to the mid-'90s hip-hop team Luniz and German house DJ Tom Novy...plus much more!

$58,000

closing price

Auction Closed

Top Bid: theodoros z

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: $30,000
Bidding Increment: $1,000
Closing Price: $58,000
End Date: Aug 01, 2017, 2:15 PM MDT
Investment Term: Life of author + 70 years
50% of Last 12 Months' Royalties: $6,546
Royalty Type: Public Performance
First Payment: September 2017
Buyer's Fees: $500 BMI Payee Account Fee*

*BMI charges a one-time fee of $500 to open a new payee account, which will be debited from the payee's first royalty distribution. Once opened, multiple royalty streams can be routed to the buyer's payee account. If you already have a BMI payee account, there is no fee.

Description

This is a very unique catalog with earnings from music that spans four decades. It features songs from a contemporary R&B post-disco group, a well-known '90s hip-hop duo, a German house DJ, and even a track with today's popular hip-hop artists Tyga and Chris Brown. This asset has produced $6,546 in royalties over the last four quarters.

The song “Your Body” is the foundation of this catalog, with 52% of historic earnings. Released in 2004, the song is performed by German DJ Tom Novy featuring Michael Marshall. “Your Body” has roots in European progressive house style, so it's no surprise that 99% of its earnings come from international sources, reported from over 50 countries.

The title “Rumors” from the '80s R&B group Timex Social Club brings in 24% of the catalog's income. Timex Social Club (also known as Timex Crew) formed in the early 1980s and specialized in a unique style combining both urban R&B with hip-hop rhythms. Released in 1986, “Rumors” reached No. 8 on the Billboard Hot 100 and No. 1 on the Billboard R&B and Dance charts, among other top spots globally. Over the past nine years, it has averaged just over $1,600 in royalties annually. That's rather notable, since the song was released over 30 years ago!

Arguably the most recognizable track in the catalog, is “I Got 5 On It” from the hip-hop team Luniz, also featuring Michael Marshall. Although released in 1995, “I Got 5 On It” is currently enjoying a 33% growth rate over the last 12 months. This can be attributed to streaming sources--most significantly from Pandora--with a 143% increase in earnings from 2015 to 2016.

What's more, this catalog contains a track that sampled the Timex Social Club's “Rumors.” In 2016, hip-hop artist Tyga released a song titled “Rumorz” featuring Chris Brown that samples the '80s hit. Check out this site to hear the two songs side-by-side: click here. This means both the original song and the song that uses the samples will both earn royalties for the winner of this auction.

Key Drivers

This catalog is not only diverse in styles, but also has noted longevity. It contains musical genres from R&B to house music, as well as songs released in every decade from the 1980s to 2010s. It even includes older works sampled by today's relevant artists, as with “Rumorz” by Tyga and Chris Brown. But what's particularly exciting about this catalog is that some of the older songs are actually experiencing earnings growth over time.

For example, streaming royalties for “I Got 5 On It” has increased through Pandora since 2008. This is in line with the current trend the music industry as a whole is seeing. The RIAA reports that ad-supported free streaming (like Pandora), grew by 68% over last year, with on-demand streaming subscription growing by over 100%. This catalog is benefiting from this phenomenon. To read more about the rise of streaming, click here.
 

What is being sold?

50% of the seller's interest in the songwriter's share of public performance royalties attributable to the seller's catalog of musical works. See the “Financials” tab for a full track list.

How does this asset make money?

Every time “Your Body” or any song in this catalog, is played on the radio, streamed on Pandora, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is September 2017.

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

About the Royalty Distributor

BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.

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70s Funk Catalog + Classic Hip-Hop

80s/90s Club Hits + Fatboy Slim

 

 

 

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