Consistent Hip-Hop Royalties From Nappy Roots

Collect royalties from Nappy Roots’ certified Platinum album featuring the Grammy-nominated track “Po’ Folks” and more.

$13,100

closing price

Auction Closed

Top Bid: David D

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: $7,900
Bidding Increment: $200
Closing Price: $13,100
End Date: Apr 25, 2018, 3:07 PM MDT
Investment Term: 10 years*
Last 12 Months' Royalties: $1,893
Royalty Type: Public Performance
First Payment: June 2018
Buyer Fees: None

*Please see the FAQ tab for more information on the 10-year investment term.

Description

Up for auction are the works of the esteemed southern rap quartet Nappy Roots, hailing from Bowling Green, Kentucky. Included in this auction is their first album Watermelon, Chicken & Gritz which claimed the title of 2002’s Best Selling Hip-Hop album. In the last 12 months, this catalog collected $1,893 in royalties.

These tracks have collected consistently since 2002. The release of Watermelon, Chicken & Gritz in 2002 drove a notable spike of radio plays, which you can see in the raw data under the financials tab. The multi-platinum album charted at No. 24 on the Billboard Top 200 and featured this catalogs top earners “Aw Naw” and “Po’ Folks.”

The track “Aw Naw” charted at No. 18 on the Top 100 R&B/Hip-Hop while “Po Folks” ranked at an impressive No. 13. The track “Po Folks” accounts for 73% of this catalogs earnings showing a 30% growth rate in the last 12 months.

This auction also includes Nappy Roots’ albums Wooden Leather and The Humdinger, both of which include top earners for this catalog: “Roun’ The Globe” and “Good Day.” In the last 12 months, the track “Good Day” generated 31% of this catalogs earnings, showing a 26% growth rate over the preceding year.

Key Drivers

Streaming In the last 12 months, nearly 60% of this catalogs earnings were driven by streaming platforms such as Spotify, Apple Music, and Pandora. With over 23 million plays on Spotify, “Good Day” remains this catalog’s highest earner. Nappy Roots claims over 350,000 monthly listeners on the streaming platform as well.

TV/Film Historically, nearly 25% of this catalog is attributable to a variety of placements in TV and film. Most recently, the track “Good Day” was featured in the animated film The Secret Life of Pets. Released in 2015, the film stands as the sixth biggest animated opening of all time, earning $805 million worldwide. The popularity of the film sparked a sequel set to release in 2019. Anytime this film airs, you collect royalties!

The track “Trouble Of This World” earns from a placement in the film The Ladykillers, a 2004 dramatic comedy featuring Tom Hanks. Another notable earner, “All At,” is featured in the 2002 film Friday After Next starring Ice Cube.

Not only is this catalog benefiting from film placements, but the catalog has also received noteworthy placements in a variety of MTV series ranging from "MTV Cribs" and "Pimp My Ride" to the network’s more recent series "My Super Sweet 16".

Radio It is worth noting that this catalog has generated royalties since the release of the 2002 album Watermelon Chicken & Gritz. Due to the popularity of the album and its singles, this catalog collected nearly $71,000 in 2002 consisting predominantly of premium radio plays.

What is being sold?

10 years of royalty payments derived from 100% of the seller's interest in the songwriter's share of public performance royalties and 100% of the seller's interest in the publisher's share of domestic (U.S.) public performance royalties attributable to the seller's catalog of musical works. See the “Financials” tab for a full track list.

How does this asset make money?

Every time “Good Day,” “Po Folks” or any song in this catalog, is played on the Apple, Spotify, Pandora, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is June 2018.

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

About the Royalty Distributor

BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.

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