Akon’s 3x Platinum Single “Don’t Matter”
Bid on songwriter earnings from the 2006 multi-Platinum hit “Don't Matter,” performed by Grammy-nominated artist Akon.
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: | $10,750 |
| Bidding Increment: | $250 |
| Closing Price: | $24,250 |
| End Date: | Mar 30, 2020, 3:05 PM MDT |
| Dollar Age: | 13.38 Years |
| Last 12 Months' Royalties: | $2,060 |
| Investment Term: | Life of author + 70 years |
| Distributors: | BMI |
| Rights Included: | Public Performance |
| Interests Included: | Publisher (U.S. Only) |
| Track List: | |
| First Distribution (paid 30 days from receipt): | June 19, 2020 |
| Distribution Frequency: | Quarterly |
| Buyer Fees: | 1% of closing price or $500 (whichever is greater)‡ |
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What rights are included?
| Musical Composition | Sound Recording | |||||||
|---|---|---|---|---|---|---|---|---|
| Copyrights included? | No | — | ||||||
| Rights: |
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| 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
This asset that features a 13+ year Dollar Age with consistent quarterly public performance royalties anchored by a triple-Platinum hit.
LISTING HIGHLIGHTS:
- Life of Rights investment term
- 13-year Dollar Age = stable earning history
- 3x-Platinum No. 1 single
FINANCIAL HIGHLIGHTS:
Streaming dominates this catalog’s income mix with 89% in the last 12 months. Not surprisingly, “Don’t Matter” is the leading track with 98% of royalties collected over the last four quarters.
While the tracks included were released between 2004-2006, collection of the royalties being sold were transferred from an administrating publisher back to the original copyright owner and current seller in 2018. As a result, earnings data collected by the administrating publisher is unavailable.
ABOUT THE CATALOG:
Released in 2006 on Akon's second studio album Konvicted, “Don't Matter” became his first solo U.S. No. 1 single. The song charted on an impressive 7 Billboard charts, most notably No. 1 on the Billboard Hot 100, No. 3 on Mainstream Top 40 and No. 16 on R&B Songs. It was also featured at No. 31 on Rolling Stone's list of the 100 Best Songs of 2007 and charted in upwards of 17 different countries.
Today, “Don't Matter” has over nearly 146 million spins on Spotify and the video has close to 330 million YouTube views.
This catalog also includes two other Akon tracks: “Journey” (2004) and “ U Got Me” (2005).
Key Drivers
Dollar Age. This catalog has a Dollar Age of 13.38 years. This means the majority of royalties earned in the last 12 months came from songs that have collected royalties for more than 13 years. A high Dollar Age like this suggests stability and longevity.
"Don’t Matter" was released in 2006 and quarterly royalties continue to remain consistent in the last 12 months. A catalog containing mature works with consistent is something worth noting as an investor. This can help sustain a catalog's earnings moving forward.
Akon's Popularity. Akon has produced countless hits spanning pop, R&B, hip-hop, and dance. He's known for his own chart-topping singles as well as his 300 guest appearance on other artists' songs like Michael Jackson, Wiz Khalifa, Lady Gaga, Gwen Stefani, Lil Wayne, R. Kelly, and Eminem. His accolades include over 35 million albums sold worldwide, five Grammy Award nominations, and 45 Billboard Hot 100 songs. He's also involved in humanitarian efforts like a partnership to bring electricity to one million households in Africa.
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.