Dwight Yoakam: Copyrights & Publishing Royalties

Bid on copyrights and publishing revenue generated by a 26-year-old country catalog, featuring Grammy-winning “I Ain’t That Lonely Yet” from Dwight Yoakam.

$44,800

closing price

Auction Closed

Top Bid: Andrew C

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: $40,000
Bidding Increment: $800
Closing Price: $44,800
End Date: Sep 12, 2019, 3:07 PM MDT
Dollar Age:

~ 26 Years

Last 12 Months' Royalties:

$8,134

Investment Term:

At Least 8 Years (See Note Below)

Distributors:

Wixen Music Publishing (See Note Below)

Rights Included:

Publisher (World)

Interests Included:

Mechanical, Public Performance, Sync

Track List:

Track List

First Distribution: (paid 30 days from receipt):

October 15, 2019

Distribution Frequency:

Quarterly

Buyer Fees:

$500

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? Yes
Rights:
Mechanical
Public Performance
Sync
Sales
Non-Interactive Streaming
Sync
Sources: Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: Wixen Music Publishing (See Note Below)

Description

As the winning bidder, you’ll own the musical composition copyrights and collect publishing income from a catalog of 1990s country songs, including Grammy-winning “I Ain’t That Lonely Yet” from Dwight Yoakam.

Released in 1993 on Yoakam’s album This Time, “I Ain’t That Lonely Yet” is this offering’s top-producing track. The song won the 1995 Grammy for Best Male Country Vocal Performance and peaked at No. 2 Billboard’s Hot Country Singles chart. Impressively, the song continues to drive this catalog’s earnings 26 years after its release, bringing in 79% royalties in the last 12 months.

The income mix for this offering is evenly split between mechanical and performance sources. In the last 12 months, public performance royalties brought in half of revenue (50%), with an impressive 48% year-over-year growth. Mechanical royalties account for 44% of last year’s revenue, with other sources accounting for the remaining 6%.

Also featured in this catalog is Diamond Rio’s 1992 hit “In A Week Or Two.” The country single received a Grammy nomination for Best Country Performance by a Duo or Group. “In A Week Or Two” performed well on the radio peaking at No. 2 on Billboard’s Hot Country Songs and accounts for 16% of revenue last year. Not to be overlooked is “This Is Me Missing You” from country artist James House generating 4% of income.

Key Drivers

Musical Composition Copyrights. You will own the musical composition copyrights for this catalog. That means you'll have control over future licensing opportunities and any new revenue sources for the music. Please see the section below titled Note About Copyright/Ongoing Administration for more important information.

Income Mix. The winner of this auction can receive income from various royalty streams:

  • Mechanical: Royalties paid to songwriters and artists when music is sold (think CD or vinyl) but also when music is streamed (streaming mechanicals) “on-demand” (like Spotify).

  • Performance: Royalties paid to songwriters when music is performed publicly. Music played over the radio, in a restaurant or bar, or over a service like Spotify or Pandora is considered a public performance.

  • Synchronization: Royalties paid to songwriters and publishers for the licensing of a song in music for a movie, TV show, or commercial.

    • As the winning bidder, you’ll receive all upfront sync fees for any of the songs’ use in future TV/Film or commercials.

Featured Artist. Dwight Yoakam is a country music veteran, who started his career in the 1980s and coined his particular sound Honky Tonk or "Hillbilly.” He has sold more than 25 million records to date and has 30+ singles on the Billboard Hot Country charts to his name.

He still continues to be relevant today with an active 2019 tour and two short term Vegas residencies on the books. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners.

WHAT IS BEING SOLD?

The Seller’s interest in the musical composition copyrights, including the publisher’s share of all publishing royalties attributable to the musical works in the track list noted above. (The songwriter’s share of public performance royalties is excluded from the sale.)

NOTE ABOUT COPYRIGHT/ONGOING ADMINISTRATION

The musical composition copyrights for this catalog are currently administered by Wixen Music Publishing. The winner of this auction may elect to pursue a new administration agreement with Wixen or move the catalog to an administrator of their choice.

NOTE ABOUT INVESTMENT TERM

The investment term is “at least 8 years” because U.S. copyright law gives artists and songwriters the right to terminate a copyright assignment after 35 years. The songwriter of this catalog may have the right to terminate the original copyright assignment, which occurred in 1992, beginning in 2027 (35 years from 1992).  Click here to learn more about copyright termination

About the Royalty Distributor

Wixen Music Publishing, Inc. was formed in 1978 as an alternative channel for publishing administration, copyright management, and royalty compliance review. Their roster of more than 2,000 individuals and publishing companies comprises the very top songwriters and recording artists from all genres of popular music.

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