Christian Hip-Hip from Grammy-Winner TobyMac

Up for auction is a selection of hit-singles from Christian hip-hop artist and Grammy-winner TobyMac.

$19,200

closing price

Auction Closed

Top Bid: Ju J

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: $17,700
Bidding Increment: $500
Closing Price: $19,200
End Date: Oct 29, 2018, 3:03 PM MDT
Last 12 Months' Royalties:

$4,436

Investment Term: 10 years*
Distributors:

Music Services

Rights Included:

Public Performance, Mechanical, Sync

Interests Included:

Songwriter (World), Publisher (World)

Track List:

Track List

First Distribution: November 15, 2018
Distribution Frequency:

Quarterly

Relist-Eligible?

No

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, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: Music Services

Description

This catalog features multiple tracks from the Grammy-winning Christian hip-hop artist TobyMac. In the last 12 months, this catalog collected mechanical, performance and sync royalties totaling out to nearly $4,500.

This listing includes multiple hit-singles from TobyMac including the 2011 release “Eye On It.” Debuted off the album of the same time, Eye On It debuted at No. 1 on the Billboard 200, the first Christian album to do so in over a decade. Later that year, it received both a Billboard Award and Grammy for Best Album and Best Contemporary Christian Music Album, respectively. Currently, “Eye On It” contributes to over 65% of this collections historic earnings.

Released to TobyMac’s sixth studio album of the same name, “This is Not A Test” contributes to just over 19% of the last 12 months earnings. In 2016, the album was awarded a Grammy for Best Contemporary Christian Music Album. Also included in this auction is the track "First Noel" featuring TobyMac and Owl City. Currently, the work contributes to just over 13% of this collections earnings over the last 12 months.

Key Drivers

The winner of this auction can receive income from three different royalty streams:

  • Mechanical: Royalties paid to songwriters when music is reproduced, either sold ( CD,vinyl, or digital downloads) or streamed (either on-demand like Spotify or on Internet Radio like Pandora).

  • Performance: Royalties paid to songwriters when music is performed publicly. Music played over the radio, in a restaurant or bar, or over a service like Spotify or Pandora is considered a public performance.

  • Synchronization: Royalties paid to songwriters and publishers for the licensing of a song in music for a movie, TV show, or commercial.

Historically, this catalog’s income mix is 31% mechanical, 2% performance and 10% synchronization.

About the Royalty Distributor

Established in 1987, Music Services is a music administration company that specializes in licensing and royalty management. The company manages the catalogs, licensing and royalty accounting for more than 250 companies. Music Services distributes quarterly.

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