Christian Rock Publishing Royalties

Bid to collect multiple income streams generated by two singles from Christian rock group Sanctus Real.

$30,400

closing price

Auction Closed

Top Bid: Nicholas B

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: $16,000
Bidding Increment: $300
Closing Price: $30,400
End Date: Aug 16, 2021, 1:05 PM MDT
Dollar Age: 2.96 Years
Last 12 Months' Royalties: $6,821
Investment Term: Life of author + 70 years
Distributors:

Fair Trade Music Publishing (Administered By Essential Music Publishing)

Rights Included:

Mechanical, Public Performance, Sync

Interests Included: Songwriter/Co-publisher (World)

Track List:

Track List

First Distribution (paid 30 days from receipt): August 31, 2021
Distribution Frequency:

Quarterly (See Note Below)

Buyer Fees:

1% of closing price or $500 (whichever is greater)‡§

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
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: Fair Trade Music Publishing

Description

Up for bid are publishing earnings featuring two hits from Sanctus Real, including their Top 10 single “Confidence.” 

We recently auctioned another seller’s share of publishing for the same two songs — you can view that popular auction here. If you missed out on that listing, now you have another shot with this catalog!

FINANCIAL HIGHLIGHTS:

Mechanical royalties are the largest income source with 51% of last year’s returns and an increase of 35% from the previous year.

The next highest income source with 22% of returns is Christian Copyright Licensing International (CCLI). CCLI is an organization that allows churches and worship groups to easily license music to ensure artists, labels, and studios receive fair compensation for their work.

“Confidence” is the top-producing song with 75% of royalties in the last 12 months with “Unstoppable God” receiving the remaining 25% of returns. 

ABOUT THE CATALOG: 

“Confidence” is the third single off Sanctus Real’s album Changed, released in 2018. The track had an impressive radio run debuting at No. 48 on the Billboard Christian Airplay chart the week of February 24, 2018. After a long, 36-week climb, it finally peaked at No. 7 in November 2018. It also hit No. 3 on the Christian Adult Contemporary monitored radio chart. Additionally, “Confidence” experienced crossover success reaching No. 17 on Billboard’s Hot Rock Songs chart. 

On the streaming front, the official music video has over 9 million views on YouTube, with other versions taking that number to over 11 million YouTube views. "Confidence" has also amassed over 33+ million spins on Spotify — making it the band’s most popular song on the platform.

Rounding out the catalog is Sanctus Real’s “Unstoppable God” from their 2019 album of the same name.

Key Drivers

Income Mix. The winner of this auction can receive income in various ways:

  • Mechanical: Royalties paid to songwriters and publishers when music is sold (think CD or vinyl) but also when music is streamed “on-demand” (like Spotify).
     
  • 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.
     
  • Christian Copyright Licensing International (CCLI): sells direct licenses to churches to streamline copyright licensing for various religious works.

Matching Right

This seller's publisher holds a matching right on any sale of the income generated by this catalog. The publisher will have the opportunity to match the winning bid after this auction closes. If you are the winning bidder, the publisher must first decline their matching right before you will be able to complete your purchase. For more information on how the matching right works, please email: info@royaltyexchange.com

NOTE ABOUT DISTRIBUTION FREQUENCY 

Fair Trade Music Publishing recently moved from a biannual distribution schedule to quarterly distribution beginning in Q1-2021. Going forward, the winning bidder will receive payments on a quarterly basis.

About the Royalty Distributor

Fair Trade Music Publishing is an independent music publishing company located in Brentwood, Tennessee. Established in 2001, it is home to numerous award-winning songwriters and their songs. Fair Trade's administration of royalties is done on a quarterly basis by Essential Music Publishing.

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