Chris Brown's Platinum Hit “Party” - 2 of 2
Collect royalty payments at the peak of Chris Brown's hit, “Party.” This auction is for 31% of the seller's songwriter share. “Party” came out in December 2016 and has only collected royalties for that month. That means you will earn money from public performances from January 2017 and on!
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:||Jul 18, 2017, 3:00 PM MDT|
|Investment Term:||Life of author + 70 years|
|31% of December 2016 Earnings:||$191|
|Royalty Type:||Public Performance|
|First Payment:||September 2017|
|Fees:||$500 BMI Payee Account Fee*|
*BMI charges a one-time fee of $500 to open a new payee account, which will be debited from the payee's first royalty distribution. Once opened, multiple royalty streams can be routed to the buyer's payee account. If you already have a BMI payee account, there is no fee.
This is the opportunity to earn royalties at the peak of a Platinum-certified song by a worldwide superstar. This single-song auction is for 31% of the seller's songwriting share for “Party” by Chris Brown, featuring Usher and Gucci Mane. 31% of the seller's interest equals 5% of the total songwriting interest. Two of the songwriters behind the track are auctioning off their respective shares separately... you can view the auction for 46% of the other seller's share here (7% of the total).
“Party” was released on December 16, 2016 as the first official single off of Brown's yet to be released eighth studio album, Heartbreak on a Full Moon. Royalties for this song have only paid out for December 2016 and you can check out the earnings in the 'Financials' tab. BMI pays royalties for the first quarter of 2017 in September 2017. This means you will receive the public performance royalties from performances in January 2017 and on. In other words... you will collect royalties at the height of this song's popularity.
When released, “Party” quickly became a hit, spending 20 weeks on the Billboard Hot 100. This is significant, because this chart looks at each week's most popular songs across all genres, ranked by radio airplay, sales data, and streaming activity data. Since released, “Party” generated more than 72.7 million plays on Spotify, and 148 million times on YouTube. And these royalties earned from the airplay and streams from January 2017 and on will be yours.
1) This is the chance to collect royalties from a song by a world famous artist at the song's peak. Chris Brown has won over 80 awards including multiple American Music Awards, BET & Billboard awards and a Grammy. Recently, “Party” was nominated at this year's BET awards for “Best Collaboration” and Chris Brown was a nominee for “Best Male R&B/Pop Artist.”
2) “Party” is the first single off of Chris Brown's upcoming eight studio album, Heartbreak on a Full Moon. The album is scheduled for release on July 21, 2017. Once the album comes out, you will benefit from the increased exposure of the full album's release.
What is being sold?
31% of the seller's interest in the songwriter's share of public performance royalties attributable to the musical composition “Party” (BMI Work # 23460317). 31% of the seller's interest equals 5% of the total songwriting interest.
How does this asset make money?
Every time “Party,” is played on the radio, streamed on Spotify, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is September 2017.
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.|
About the Royalty Distributor
BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.
Check out the other songwriter's auction for their share of "Party" here: