Country Music: Justin Moore + Johnny Reid

This catalog features American country charmer, Justin Moore as well as Canadian country star, Johnny Reid!

$28,500

closing price

Auction Closed

Top Bid: Steve A

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: $9,000
Bidding Increment: $250
Closing Price: $28,500
End Date: Jul 05, 2017, 3:18 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $3,558
Royalty Type: Public Performance
First Payment: July 2017
Fees: $250 ASCAP Assignment fee

Description

Here's a chance to invest in some good old fashioned country music, with tracks from American artist Justin Moore and Canadian country star Johnny Reid. The catalog includes eight tracks and its earnings are nearly evenly split between the U.S. and Canada. Over the last 12 months, these songs have produced $3,558 in royalties.

There are five tracks from Justin Moore that provide 45% of this catalog's income. The titles, “I Could Kick Your Ass,” “Hank It,” and “Like There's No Tomorrow,” are all off his debut certified-gold album Justin Moore. That album reached No 3 on Billboard's Top Country Albums and enjoyed crossover success at No. 10 on Billboard 200 in 2010.

As for the Canadian portion of the catalog, Johnny Reid's “Out of the Blue” is the highest earning song, accounting for 42% of royalties. Off his fourth studio album Kicking Stones in 2007, the song peaked at No. 7 on the Canadian Country Charts. The album Kicking Stones was nominated for a 2008 Juno Award for Country Recording of the Year and certified Gold by the Canadian Recording Industry Association.

Finally, the catalog also contains a song from JJ Lawhorn, a country music up-and-comer, as well as a female anthem by Danielle Peck.

Key Drivers

Radio is the largest source of income with 43% of earnings. Many of these songs are more than five years old and still receive notable radio play. For the last six years, yearly royalties from radio have averaged over $1,200.

Songs that get radio play often build a foundation of streaming and other types of income as the radio royalties winds down, and this catalog is no exception. Streaming makes up 27% of this catalog's royalties to date, however in the last four quarters streaming shows a significant growth rate of 39%. As royalties from radio start to slow, we see income from streaming begin to rise.

Streaming royalties are also increasing worldwide. According to an RIAA report, on-demand streaming revenues increased over 100% in 2016.

What is being sold?

100% of the seller's interest in the songwriter's share of public performance royalties for select musical works in the seller's catalog of songs administered by ASCAP. See the “Financials” tab for a full track list.
 

How does this asset make money?

Every time “Out of the Blue” or any song in this catalog, is played on the radio or any other type of public performance, you earn royalties. ASCAP makes payments quarterly and the first distribution you will receive is July 2017.

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

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.

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