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:||Feb 07, 2020, 2:00 PM MST|
|Last 12 Months' Royalties:||
|Investment Term:||10 years*|
|First Distribution (paid 30 days from receipt):||
February 10, 2020
1% of closing price or $500 (whichever is greater)‡
* Please see the FAQ tab for more information on the 10-year investment term.
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
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.|
The top source of royalties for this collection is international earnings, at 70% of last year’s total. This includes public performance royalties collected outside the United States, such as radio, streaming services, and TV/Film. U.S. streaming activity also plays a significant role, generating nearly a quarter of last year’s profits.
The top-earning track is 2018’s “Bubblin,” which brought in 75% of the catalog’s revenue over the last 12 months. The track co-won Best Rap Performance at the 61st Grammy Awards, and has just under 40 million Spotify streams to date.
The remaining earnings come from two tracks by hip-hop duo PRhyme— “Street at Night” and “W.O.W.”
International Earnings. The majority of this catalog’s earnings come from abroad — at 70% of last year’s total. 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 are often reported to distributors with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.
Hip-Hop & Streaming. Hip-Hop/Streaming. This catalog is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2019 Year End Report, hip-hop is the most popular genre of music in the U.S. and drives the increase in U.S. streaming activity. Six out of the top 10 streamed songs were hip-hop/rap and 52 out of the top 100 most streamed songs were hip-hop/rap. U.S. streaming revenue accounts for 24% of this catalog’s earnings over the last 12 months.
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.