Blackbear “I Miss The Old U”
This single-song auction features songwriter royalties from “I Miss The Old U” by hip-hop artist, Blackbear.
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: | $18,000 |
| Bidding Increment: | $700 |
| Closing Price: | $18,700 |
| End Date: | Sep 27, 2019, 3:05 PM MDT |
| Dollar Age: | 2.48 Years |
| Last 12 Months' Royalties: | $7,170 |
| Investment Term: | 10 years* |
| Distributors: | BMI |
| Rights Included: | Public Performance |
| Interests Included: | Songwriter (World) |
| Track List: | |
| First Distribution (paid 30 days from receipt): | January 17, 2020 |
| Distribution Frequency: | Quarterly |
| Buyer Fees: | $500‡ |
* 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 | |||||||
|---|---|---|---|---|---|---|---|---|
| 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
Invest in royalties from the song “I Miss The Old U” performed by the rising hip-hop artist Blackbear. This song earned $7,170 in the last 12 months.
“I Miss The Old U” which was included in Blackbear’s recent album Digital Druglord. It’s no surprise that streaming drives the majority of the earnings for this collection – the track has currently over 20 million plays on YouTube alone. The top-earning streaming sources for this song include Spotify, Pandora, and Apple Music.
An interesting feature of these earnings is that international royalties for this catalog just began flowing about a year ago. International earnings in the last 12 months have grown in relation to the prior period. As the winner of this auction, you’ll be entitled to any past international performance royalties paid by BMI, regardless of when they were earned.
Key Drivers
Hip-Hop/Streaming. This catalog is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2018 Year-End Report, hip-hop is the most popular genre of music in the U.S. The driver for the increase is streaming. Hip-hop/rap tracks accounted for more than a quarter of all on-demand plays on music streaming services in the US in 2018 Streaming accounts for 86% of this catalog’s all-time earnings.
New Release. Blackbear released a new, full-length album, Anonymous, in April of 2019. Even more recently (August 2019), he released his new single titled "Hot Girl Bummer" in response to the current viral craze, “Hot Girl Summer” from Megan Thee Stallion. While the new songs are not included in this auction, new releases can help boost an artist's back catalog. The release of new music draws discovery among first-time listeners and re-engages existing fans.
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.