Consistent R&B Royalties - Lyfe Jennings

Up for bid are consistent earnings from a catalog featuring soulful R&B artist Lyfe Jennings.

$129,000

closing price

Auction Closed

Top Bid: mark h

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: $115,000
Bidding Increment: $3,500
Closing Price: $129,000
End Date: Sep 20, 2018, 2:00 PM MDT
Last 12 Months' Royalties: $35,888
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance 

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: October 9, 2018
Distribution Frequency: Quarterly
Relist-Eligible? Yes
Buyer Fees:

$500

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

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

Description

This catalog boasts consistent royalties generated from six albums by R&B vocalist Lyfe Jennings. The last 12 months’ earnings increased 10% compared to the previous time period, which can be attributed to streaming, satellite radio, and TV/Film placements.

The foundation of this offering is “Must Be Nice” from Lyfe’s debut album Lyfe 268–192 — totaling 41% of last year’s earnings. The Platinum-certified song peaked at No. 5 on Billboard’s Hot R&B/Hip-Hop Songs and No. 40 on Hot 100. Released in 2004, “Must Be Nice” has 14+ million Spotify spins, and the video has a staggering 93 million YouTube views.

“Must Be Nice” is also featured on the soundtrack for the 2006 feature film ATL. Every time ATL plays on TV, a royalty is generated for the song’s use and as the winner of this auction, you’ll collect those royalties. The film has recently aired on BET, VH1, MTV, along with other cable networks.

Other notable Lyfe Jennings titles included are “Hypothetically,” “Statistics,” “S.E.X.” (which is Gold-certified) — combined, they bring in 24% of the last 12 months’ income. Finally, there’s 2008’s “Never Neverland,” which grew 33% over the previous year thanks to Pandora, YouTube, and Sirius XM.

Key Drivers

Song Age. This catalog contains music with release dates going back to 2004. Industry-wide, “Deep Catalog” (music released more than 3 years ago) represents 51% of music streamed today. Impressively, this collection of songs aligns with this trend. The catalog’s highest-earning track — “Must Be Nice” — was released nearly 14 years ago. A close second is “Statistics,” which debuted in 2009. And yet, these older works continue to grow over time. A catalog containing more mature works is something worth noting as an investor.

Hip-Hop and R&B. Hip-hop/R&B overtook rock in 2017 as the most popular genre of music in the U.S. Now, in the first half of 2018, it accounts for 31% of all music consumption. According to the Nielsen report, total consumption of Urban songs (Hip-Hop/Rap and R&B) grew by 18% in both sales and streams. You can benefit from this rise in Urban music as a genre with this collection of R&B.

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.

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