Contemporary Christian — Songwriter Royalties

Invest in public performance earnings from contemporary Christian hits, including the No. 1 hit “Even Then” from Micah Tyler.


closing price

Auction Closed

Top Bid: Stephen T

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: $116,000
Bidding Increment: $2,500
Closing Price: $136,000
End Date: Oct 06, 2020, 3:00 PM MDT
Dollar Age:

3.85 Years

Last 12 Months' Royalties:


Investment Term: Life of author + 70 years
Distributors: SESAC
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution (paid 30 days from receipt):

December 30, 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.

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Public Performance
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


This catalog is anchored by two big singles from Christian pop singer Micah Tyler, along with other hits from popular faith-based artists.

As the winning bidder, you’ll collect public performance royalties on these works for the lifetime of the copyright. 


Currently, radio is the largest income source for this catalog,  with 59% of last year’s returns and 78% of historical royalties.

You’ll notice a spike in royalties in Q1-2020, this is a result of SESAC making catch-up payments (totaling approximately $28,000) for two songs in the catalog. These payments are a result of adjusted royalties for those songs — primarily for radio and streaming sources —  over prior performance periods dating to the songs’ releases. 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 (despite the adjustment payment noted above) for this nearly 4-year-old catalog as begins its format transition. Streaming generated 21% of the last 12 months’ earnings, compared to only 11% of “all-time” royalties to date. 

The catalog’s earnings are evenly distributed between two songs — “Even Then” and “Different” — generating 54% and 48%, respectively. 


This catalog is anchored by two hits from Micah Tyler: “Even Then” and “Different.” Both tracks were released on the 2016 Different — EP and then later on a full studio album, also titled Different, in 2017. The album hit No. 23 on Billboard’s Top Chrisitan Album chart and the Heatseekers chart at No. 8. 

The top song — “Even Then” —  was officially released as the third single on the full album in June 2018. The song captured the No. 1 spot on Billboard’s Christian Adult Contemporary chart and No. 6 on the Hot Christian Songs chart (where it spent 34 weeks).  The Gold-certified “Different” peaked at No. 6 on Billboard’s Christian Adult Contemporary chart. 

Rounding out the catalog are:

Key Drivers

Radio. Radio is the largest source of revenue for the catalog accounting for 59% 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 21% of the last 12 months’ earnings, compared to only 11% 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.

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