Christian Rock: We Are Messengers and Crowder
Life of Rights performance royalties featuring substantial radio airplay and streaming.
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: | $30,000 |
| Bidding Increment: | $950 |
| Closing Price: | $35,700 |
| End Date: | Apr 10, 2020, 1:00 PM MDT |
| Dollar Age: | 4.25 Years |
| Last 12 Months' Royalties: | $9,324 |
| Investment Term: | Life of author + 70 years |
| Distributors: | BMI |
| Rights Included: | Public Performance |
| Interests Included: | Songwriter (World) |
| Track List: | |
| First Distribution (paid 30 days from receipt): | June 19, 2020 |
| Distribution Frequency: | Quarterly |
| 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: |
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| 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: | BMI | — |
Description
Here’s a second chance to invest in Christian Rock singles from the prolific band We Are Messengers—with an additional single by Crowder included.
LISTING HIGHLIGHTS:
- Life of Rights investment term
- 4.25 Year Dollar Age
- Three Billboard Christian Airplay Top 10 hits
FINANCIAL HIGHLIGHTS:
Terrestrial and satellite radio play are primary drivers of this catalog’s earnings, making up a combined 55% of the last 12 months. Streaming accounts for 18% of earnings in the same period.
ABOUT THE CATALOG:
Two of the three tracks in this catalog are the original work of Christian rock group We Are Messengers. We Are Messengers was nominated in 2016 for a GMA Dove Award as “New Artist of the Year” and continues to produce new music while engaging heavily with fans. In 2019, the band played for over half a million people across 40 states and in five different countries.
“Point To You,” released in 2016 on their debut self-titled album, landed at No. 5 on the Billboard Christian Airplay chart and brought in half of earnings in the last year. “Everything Comes Alive,” from the same 2016 album, also climbed well into the Billboard Christian Airplay chart Top 10, and has more than 5 million streams on Spotify to date. It generated 35% of the last year’s royalties, and is the most steady-earning song in the catalog.
Rounding out this three-song catalog is another Billboard Christian Airplay top-10 hit, “My Victory” by Crowder which drove 15% of the last 12 months’ earnings for the catalog.
Key Drivers
Radio Play. Radio is the largest source of revenue, accounting for 76% of this asset’s income to date. As the winning bidder, you will collect the radio royalties as they continue to be reported.
It’s important to take into consideration that these radio royalties will begin to taper off. However, songs that experience significant radio play can often build a foundation of streaming and other types of income as the radio royalties slow down. For this collection of songs, streaming accounts for 8% of the catalog's royalties thus far.
About the Royalty Distributor
Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, 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 BMI’s distribution schedule, click here.