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.
|End Date:||Aug 09, 2018, 3:02 PM MDT|
|Last 12 Months' Royalties:||$17,645|
|Investment Term:||10 years*|
|First Distribution:||August 13, 2018|
* Please see the FAQ tab for more information on the 10-year investment term.
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What rights are included?
|Musical Composition||Sound Recording|
|Sources:||Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.||Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.|
Bid now for your chance to own A$AP Ferg’s first commercial single ever released from his debut album Trap Lord. In 2013, the album peaked at No. 9 on the Billboard Top 200 and received rave reviews from Rolling Stone, which named it the Ninth Best Hip-Hop Album of the year. In the last 12 months, “Work” contributed to nearly 25% of this catalog’s earnings.
The success of “Work” attracted attention from industry leaders A$AP Rocky, French Montana, Trinidad James, and Schoolboy Q who jumped at the chance to be included on a remix of the track. Released shortly after the original, “Work (Remix)” contributes to 77% of this catalog’s all time earnings.
Driven by streaming success, the wildly popular YouTube video for “Work (Remix)” claims an impressive 89 million streams. The ample streaming success of both “Work” and its remix boosted Trap Lord to No. 8 among Complex’s Top 50 Best Albums of 2013.
Streaming. Earners in this catalog include “Work” and “Work (Remix).” Any time one of these tracks is streamed on Spotify, Pandora, or Apple Music, you earn! On the streaming platform Spotify, artist A$AP Ferg has over 10 million monthly listeners. The track “Work (Remix)” itself has nearly 175 million streams and counting. It is also featured on Spotify’s “Get Turnt” playlist with over 1.2 million followers. This is good news for you, as it exposes A$AP Ferg to new listeners & potential fans. In the last 12 months, “Work (Remix)” has grown by an impressive 47%.
Hip-Hop & Streaming. Hip-hop overtook rock in 2017 as the most popular genre of music in the U.S. and it now accounts for 31% of all music consumption. According to the Nielsen report, in the first half of 2018, total consumption of Urban songs (Hip-Hop/Rap and R&B) grew by 18% in both sales and streams.
What's exciting is that this catalog is a perfect example of these two trends: hip-hop and streaming's growth worldwide. Streaming accounts for 63% of this catalog’s earnings over the last 12 months and these earnings are up over 89% 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.