Bette Midler’s “The Rose”
Here we have an exciting opportunity to collect from an evergreen royalty stream generated by songs from Bette Midler!
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: | $50,000 |
| Bidding Increment: | $500 |
| Closing Price: | $106,500 |
| End Date: | Jul 30, 2018, 3:10 PM MDT |
| Last 12 Months' Royalties: | $6,903 |
| Investment Term: | Life of author + 70 years |
| Distributors: | Warner Music Group |
| Rights Included: | Sales & Streaming |
| Interests Included: | Directed Payee (See Note Below) |
| Track List: | |
| First Distribution: | August 31, 2018 |
| Distribution Frequency: | Quarterly |
| Relist-Eligible? | No |
| Buyer Fees: | $500‡ |
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
What rights are included?
Description
This offering is unique. It features sound recording royalties from the album The Rose — the soundtrack to the 1979 film of the same name — performed by legendary Bette Midler.
As the winning bidder, you will collect earnings generated by sales (physical and downloads) and streaming of every song on the album, The Rose. The leading income source is streaming with Spotify, YouTube, and Apple Music as the top-earning platforms. As for sales, Apple iTunes is the largest income source for those royalties.
Not surprisingly, the highest-earning title on the album is the single “The Rose.” The song topped Billboard’s Adult Contemporary chart at No. 1 and No. 3 on the Hot 100 in 1980 and is Gold-certified. Almost 40 years since its release, “The Rose” is Bette Midler’s most popular song on Spotify with close to 24 million spins to date.
As for the album as a whole, Bette Midler performs every song herself, with the exception of the instrumental "Camellia." Aside from the title track (“The Rose”), the album was recorded live and also features concert monologues — all included recordings in this offering. Interestingly, Bette Midler also starred in the film The Rose, which earned her a Golden Globe win for Best Actress as well as an Oscar nomination. The film itself was nominated for four Oscars, and the song “The Rose” won Best Song at the 1980 Golden Globes.
Key Drivers
Evergreen Album & Artist. The film, the album, and the song have all been earning since 1979 — nearly 40 years! Opportunities to collect royalties from an evergreen artist and royalty stream don’t come around often. Not to mention the film launched Bette Midler into a bona fide movie star. With a career spanning nearly 50 years, Bette Midler has won three Grammy Awards, four Golden Globes, three Emmy Awards, and two Tony Awards. Collectively, she has sold over 30 million records worldwide, and amassed four Gold, three Platinum, and three Multi-Platinum certified albums.
Upcoming Broadway Play. In January 2018, it was announced that the Oscar-nominated film The Rose will be adapted into a Broadway-aimed stage musical adaptation. Although this offering will not earn from the Broadway release and its music, it is certainly is bound to drum up excitement for the film soundtrack and the associated songs.
Note About Directed Payee Interest
The seller’s interest in this asset is derived from an irrevocable letter of direction, which directs a percentage of the royalties earned by the sound recordings to the seller for the life of the sound recording copyrights.
Because the payee receives royalties via a letter of direction and is not a direct client of Warner Music Group, detailed royalty data is not available for analysis. Earnings presented are the total quarterly payments received by the seller for the seller’s interest in the asset.
About the Royalty Distributor
Warner Bros. Records Inc. is one of the top major record labels in the world. They are the foundation label of the present-day Warner Music Group (WMG). Warner Bros. Records is home to a wide array of legendary artist with a rich catalog of contemporary hits and influential standards. With a commitment to artist-friendly policies and long-range career development, they continue to maintain a strong share of the label market around the world.