Alt-Pop Songwriting Royalties Featuring Echosmith

Invest in public performance royalties from a catalog featuring pop group Echosmith, highlighted by their triple-Platinum hit “Cool Kids.”

$214,500

closing price

Auction Closed

Top Bid: Phillip M

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: $195,000
Bidding Increment: $6,500
Closing Price: $214,500
End Date: Aug 09, 2019, 3:00 PM MDT
Dollar Age:

4.99 Years 

Last 12 Months' Royalties: $64,630
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance 

Interests Included:

Songwriter (World)

Track List:

Track List 

First Distribution: (paid 30 days from receipt):

August 12, 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

This offering features songwriter earnings generated by the multi-Platinum, alt-pop band Echosmith.

The catalog’s top-five earnings songs date between 2013 and 2017. Echosmith’s debut, Gold-certified album Talking Dreams is the foundation of this collection — all twelve songs from the album are included. Also featured are the eight tracks from the band’s 2017 Inside a Dream EP, providing a diverse income mix between newer and more mature releases.

Echosmith’s most successful single to date — the triple Platinum smash “Cool Kids” — is the catalog's highest-earning track. The hit single peaked at No. 13 on Billboard’s Hot 100, No. 9 on Mainstream Top 40 (among other Billboard positions), along with successfully charting in 23 other countries. To date, the song has a staggering 325+ million spins on Spotify, while the music video has over 116 million views on YouTube.

Thanks to Echosmith’s global success, the majority of income comes from international sources, with 69% of earnings in the last 12 months. Notably, domestic streaming revenue grew a healthy 2% year-over-year.

Other featured songs from Talking Dreams include the Platinum-certified “Bright,” which charted on multiple Billboard charts, and “Come Together.” Combined the two tracks accounted for 15% of last year’s income. Finally, 2017’s “Over My Head” and “Goodbye” from Inside A Dream EP round out the top songs.

Echosmith is still actively producing new music. Recently, they released a collaboration single with contemporary Christian duo For King & Country and legendary hip-hop producer Timbaland. The band also plans to release new material in the near future. The release of new music can lead to discovery among first-time listeners, re-engage existing fans, and boost an artist’s back catalog.

Key Drivers

Dollar Age. This collection of songs has a Dollar Age of 4.99. In this case specifically, the Dollar Age demonstrates a diverse income mix between new(er) releases and more mature works.

The three highest-earning tracks — “Cool Kids,” Come Together,” and “Bright”— were released all released in 2013. These songs can also balance the volatility of a newer releases’ earnings, such as the 2017 releases from Inside A Dream EP.

A catalog containing mature works is something worth noting as an investor. This can help sustain a catalog's earnings moving forward.

Continued Relevence: Echosmith is a multi-Platinum selling band that has a vibrant fanbase. With the success of their debut album Talking Dreams, the group shot to pop stardom with rave reviews from Rolling Stone, Teen Vogue, and ELLE, and have performed on TV programs like Ellen, Late Night with Seth Meyers, American Idol, The Tonight Show With Jimmy Fallon, to name a few. The band has also embarked on two headlining tours, along with numerous co-headlining tours.

In June 2019, Echosmith was featured in a collaboration single “God Only Knows” with contemporary Christian duo For King & Country and legendary hip-hop producer Timbaland. The band also plans to release new material in the near future. While the new releases are not part of this offering, new material can help boost an artist's back catalog. The release of new music can lead to discovery among first-time listeners, and re-engage existing fans.

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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