Christian Rock Songwriter Royalties

Public performance earnings from Grammy-nominated Christian band Sanctus Real.

$57,000

closing price

Auction Closed

Top Bid: Roy K

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: $48,000
Bidding Increment: $1,000
Closing Price: $57,000
End Date: Nov 11, 2020, 1:00 PM MST
Dollar Age:

2.21 Years

Last 12 Months' Royalties: $21,221
Investment Term: Life of author + 70 years
Distributors: SESAC
Rights Included:

Public Performance

Interests Included:

Songwriter (U.S. Only)

Track List:

Track List

First Distribution (paid 30 days from receipt): December 31, 2020
Distribution Frequency: Quarterly
Buyer Fees:

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

Investors placing the opening bid on any listing pay no buyer fee if they win the resulting auction, a savings of 1% off the final price (minimum $500). All Access members who already receive this discount will be rewarded with a cash rebate equal to the buyer fee.

§ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.

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

Description

Up for bid is a catalog featuring two hits from Sanctus Real, including their Top 10 single “Confidence.” 

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

FINANCIAL HIGHLIGHTS:

The top-income source for both songs is radio, with 85% of last year’s returns and 89% of all-time royalties.

There is a notable spike in Q3-2019, which is the result of SESAC making a catch-up payment (totaling approximately $11,600) for the catalog’s top song “Confidence.” This payment is a result of adjusted royalties — primarily for radio and streaming — over prior performance periods. It’s unlikely such adjustments will occur again, but if they do you are entitled to any future one-time catch-up payments as the winner of this auction. 

Streaming, however, remains stable as the catalog begins its transition from radio to streaming. Streaming generated 11% of earnings over the last four quarters, up from 8% of royalties to date. 

The top song is “Confidence” with 79% of royalties over the last 12 months. 

ABOUT THE CATALOG:

“Confidence” is the third single off Sanctus Real’s album Changed, released in 2018The 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 nearly 8 million views on YouTube, with other versions taking that number to over 11 million YouTube views. "Confidence" has also amassed over 26 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

Radio. Radio is the largest source of revenue for the catalog accounting for 85% of last year’s royalties. Although radio royalties are still being generated, they could eventually level off. Typically, songs that experience significant radio play can often build a foundation for other types of income, such as streaming. You'll notice streaming generated 11% of the last 12 months’ earnings, compared to only 8% of royalties to date.  

About the Royalty Distributor

SESAC is one of four United States performing rights organizations, along with ASCAP, BMI & 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 SESAC’s distribution schedule, click here.

Similar Auctions

Attention

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

Sign In Register