Contemporary Christian Hits

Invest in these songwriter royalties from the pop/rock Christian group, Unspoken. 

$54,500

closing price

Auction Closed

Top Bid: Marcus T

Overview

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: $33,500
Bidding Increment: $1,000
Closing Price: $54,500
End Date: Sep 07, 2017, 2:02 PM MDT
Investment Term: Life of author + 70 years
50% Last 12 Months' Royalties: $11,934
Royalty Type: Public Performance
First Payment: October 2017
Fees: $75 ASCAP Assignment Fee*

*A one-time ASCAP reassignment fee of $75 will be added to the final sale price on the invoice.

Description

Up for bid is a catalog that features six pop hits from the multi-cultural Christian band Unspoken. This collection of music has earned $11,934 in royalties over the past four quarters.

What's interesting about this catalog, is that the song mix includes a newer release “Higher” that is beginning to experience airplay, as well as more mature titles from the band's previously released album. As the winning bidder of this auction, you would collect the new radio royalties for “Higher!”

Released in 2016 on Follow Through, “Higher” accounts for 10% of historic income and is starting to collect noteworthy radio royalties in the first two quarters of 2017. “Higher” has charted at No. 13 on Billboard Christian Airplay chart and the album Follow Through peaked at No. 7 on the Top Christian Albums chart.

Acting as the foundation of the catalog are tracks from Unspoken's self-titled debut album from 2014. Unspoken was commercially and critically well-received, hitting No. 185 on the Billboard Hot 200. That's notable because the Hot 200 chart ranks the most popular albums of the week, it compares across all music genres.

From Unspoken is “Start A Fire,” arguably the band's most successful hit to-date. Topping Billboard's Christian Airplay (NCA) chart at No. 1 and No. 2 on Adult Contemporary monitored chart, the song accounts for 33% of earnings. Other notable titles included are “Good Fight,” “Call It Grace,” and “Who You Are,” all charting at No. 10, at No. 18 and No. 8 on Christian Airplay, respectively.

As an added bonus, “Good Fight” was used in the official trailer for the 2015 film War Room. Click to view the trailer and hear "Good Fight." 

Key Drivers

1.) Radio is frequently a launching point for a song or artist. With this catalog in particular, it's important to note that 95% of the royalty stream has come from radio.

Songs that experience substantial radio play frequently create a foundation for other income sources like streaming, as the radio royalties begin to level off. This is very evident with this catalog. Streaming accounts for only 4% of the catalog's historic royalties. Although this is a small percentage of total earnings, streaming is undergoing a significant increase in earnings, 130% over the last four quarters! Thus, we are seeing the income from streaming begin to rise as radio begins to slow.

This trend is not limited to this asset. Streaming royalties are on the rise worldwide. If you're interested in learning more about streaming revenues' significant growth across the industry, click here.

2.) Unspoken also has a current tour on the books, with dates scheduled through the end of October. New releases can help reinvigorate an artist's back catalog, as new music draws interest from new fans and excited existing fans.

What is being sold?

50% of the seller's interest in the songwriter's share of public performance royalties attributable to select musical works in the seller's catalog of songs administered by ASCAP. See the “Documents” tab for a full track list.

IMPORTANT NOTE: Possession of the songwriter’s portion of this asset must be taken via a trust, which is required due to ASCAP’s assignment policy. Please see the Post-Auction Process tab for further information.

How does this asset make money?

Every time “Start A Fire” or any song in this catalog, is played on the radio, Sirius XM, or Pandora or any other type of public performance, you earn royalties. ASCAP makes payments quarterly and the first distribution you will receive is October 2017.

What rights are included?

  Musical Composition Sound Recording
Copyright included: No
Rights:
Mechanical
Performance
Synch
Sales
Performance
Synch
Royalty 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.
Distributed by: ASCAP

About the Royalty Distributor

ASCAP is the American Society of Composers, Authors and Publishers. It is a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. ASCAP also represents music creators worldwide through agreements with affiliated international societies.

Similar Auctions

Click the links below to view past auctions with similar assets:

Popular Worship Music

Contemporary Gospel, Featuring Zacardi Cortez

Financials

Documents

Media

Post-Auction Process

Attention

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

Sign In Register