Christian Rock Hits
Earn multiple income streams generated by a catalog of six songs from the popular Christian rock group, Unspoken.
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:||Jun 26, 2018, 3:19 PM MDT|
|Last 12 Months' Royalties:||$12,159|
|Investment Term:||Life of author + 70 years|
|Distributors:||ASCAP, Capitol CMG|
Songwriter and Publisher
Public Performance, Mechanical, Sync
|First Distribution:||July 9, 2018|
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What rights are included?
|Musical Composition||Sound Recording|
|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:||ASCAP, Capitol CMG||—|
Up for bid is a catalog that features six pop hits from the multi-cultural Christian band Unspoken. As the winning bidder, you will collect the songwriter's share of public performance royalties as well as the publishing share of sync, mechanical and public performance royalties. The majority of this asset’s income is produced by public performance royalties — at 63% of earnings in the last year.
Acting as the foundation of the catalog are five tracks from Unspoken's self-titled debut album from 2014. Unspoken was commercially and critically well-received, reaching No. 185 on the Billboard Hot 200. That's notable because the Hot 200 chart ranks the most popular albums of the week, compared across all music genres.
The song “Start A Fire”— arguably the band's most successful hit — generates 31% of the catalog’s earnings to date. "Start A Fire" reached No. 1 on Billboard's Christian Airplay and No. 2 on the Adult Contemporary chart. Other notable titles included are “Good Fight,” “Call It Grace,” and “Who You Are,” all charting at No. 10, at No. 18 and No. 8 on Christian Airplay, respectively.
Finally, there is the title “Higher,” a newer release (2016), accounting for 38% of last year’s income. The track charted at No. 13 on Billboard Christian Airplay chart and the album Follow Through peaked at No. 7 on the Top Christian Albums chart.
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.
The catalog primarily earns from performance royalties, at 63% of last year’s income. But you’ll notice a shift in mechanical royalties — which have grown from 16% of historical earnings to 29% in the last year.
Mechanical Rates. The U.S. Copyright Royalty Board recently raised the rates digital music services must pay for mechanical royalties… by nearly 44% over the next five years. This catalog has earned 29% of income from mechanical royalties in the last year, which is up over the historic mechanical earnings. As the winner of this auction, you will benefit from the mechanical rate increase as you collect mechanical royalties from the publishing side.
Important Note Regarding Post-Auction Process
Possession of the songwriter’s portion of this asset (distributed by ASCAP) must be taken via a trust, which is required due to ASCAP’s assignment policy. Please see the Post-Auction Process tab for further information.
The publisher's portion of this asset does not require a trust and simply a Letter of Direction from the seller to Capitol CMG.
About the Royalty Distributor
American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’s distribution schedule, click here.
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.