Christian Rock Catalog

Earn publishing royalties from the award-winning Christian rock group Sanctus Real.

$36,000

closing price

Auction Closed

Top Bid: Steve A

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: $15,000
Bidding Increment: $500
Closing Price: $36,000
End Date: Jan 12, 2018, 3:00 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $4,893
Royalty Type: Public Performance, Mechanical, Sync, Print
First Payment: January 2018
Buyer Fees: None

Description

Invest in multiple income streams from a catalog of Christian rock music performed by popular band Sanctus Real. Over the last four quarters, this asset earned $4,893 in royalties.

This catalog earns from several royalty types: performance, mechanical, TV & film synchronization, and even print licensing. 67% of the earnings to-date come from mechanical royalties and 24% from public performance. When a song is streamed on-demand, it counts as both a public performance and a “mini-purchase.” This means the song earns a public performance royalty and a streaming mechanical royalty at the same time. As the winner of this auction will collect two payments for one use of a song!

Formed in 1996, Sanctus Real is a Christian rock band, known for their modern alternative rock style and guitar-driven sound. The foundation of this catalog are three songs from the band's fifth studio album Pieces of a Real Heart. The album was nominated for Best Contemporary/Pop Gospel Album at the 2010 Grammy Awards along with a Dove Award for Rock/Contemporary Album of the Year.

The catalog's highest earning track with 28% of royalties is “Lead Me” off the album Pieces of a Real Heart. The song hit No. 1 on Billboard's Christian Music chart and was also nominated for a Dove Award Song of the Year. “Lead Me” recently received a sync fee for its use on the program Family Life Today (a popular Christian radio program), attributable to the song's increased earnings in the last 12 months. 

Other songs from Pieces of a Real Heart included are “Forgiven,” which charted at No. 6 on Billboard's Christian Songs and the title “The Redeemer” accounting for 19% of historic royalties.

Key Drivers

Income Type. This catalog earns money from five different royalty streams. This means the winner of this auction can receive income in multiple ways:

  • Mechanical: Royalties paid to publishers when music is sold (like digital downloads), and also when music is streamed on-demand, like on Spotify (streaming mechanicals).
  • Performance: Royalties paid 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 publishers for use of music in a movie, TV show, or commercial.
  • Christian Copyright Licensing International (CCLI): sells direct licenses to churches to streamline copyright issues for various religious works.
  • Print: Royalties paid when music is transcribed into print, like sheet music, and then distributed.

Historically, this catalog earns mainly from mechanical royalties at 67%. However, in the last 12 months income has become more evenly split between mechanical (36%), performance (34%), and sync (20%). This shift was caused by increased domestic radio play for the title “Forgiven,” as well as the upfront sync fee for “Lead Me.” As the winning bidder, you'll collect any upfront sync fees going forward for songs' use in commercials, TV shows or movies.

Want to learn more about the different royalty types? View our guides on mechanical and performance royalties here and sync royalties here.

New Album Release. Sanctus Real is still active and recording new music. In fact, the band is slated to drop a new release in early 2018. For a band, a new album can help reinvigorate their back catalog. The release of new music draws interest from first-time listeners and also reengages existing fans.

What is being sold?

100% of the seller's interest in the publisher's share of royalties for select works in the seller's catalog. View the 'Financials' tab for a complete track list. Earnings include public performance, mechanical, sync, and print royalties. Royalties are collected worldwide through distribution by Capitol CMG and paid on a quarterly basis. The winning bidder's first payment will be made in January 2018.

How does this asset make money?

Every time one of these songs is streamed online or played on YouTube, you'll earn royalties. Every time one of these songs is recorded by another artist or included on a compilation album, you'll earn royalties. Every time one of these songs is used in a video, TV show or movie, you'll earn royalties. And, every time the sheet music for one of these songs is included in a hymnal or song book, you'll earn royalties.

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

About the Royalty Distributor

Capitol CMG Publishing represents more than 100,000 songs, hundreds of copyright catalogs, and some of Christian music's top songwriters. The publishing division has received multiple Christian Music Publisher of the Year honors from Billboard Magazine, ASCAP and BMI.

Similar Auctions

Attention

This action is restricted to Royalty Exchange users.
Please, sign in or create a free account to continue.

Sign In Register