Electronic Dance Hit “Fractures” From Illenium

Collect sales and streaming royalties produced by the recently released hit “Fractures,” from the exploding EDM artist Illenium.

$82,000

closing price

Auction Closed

Top Bid: Brandon S

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: $50,000
Bidding Increment: $2,000
Closing Price: $82,000
End Date: Jan 31, 2018, 3:03 PM MST
Past 7 Months' Earnings*: $17,177 (See Note Below*)
Investment Term: Life of author + 70 years
Buyer Fees: None
First Payment: March 2018
Royalty Type: Sales and Streaming

Description

This is an opportunity to invest in the sound recording royalties generated by a newly-released hit from one of the hottest electronic dance music (EDM) artists out there -- Illenium. The auction offers the single “Fractures” featuring Nevve, and it’s generated $17,177 in the last seven months.

“Fractures” was released in February 2017 and only seven months’ of royalties have been produced. The single earns these royalties primarily from streaming sources -- 85% in the last seven months. Spotify is the leading income source for “Fractures” accounting for 62% of royalties to date. Apple Music follows bringing in 19% of earnings over the last seven months. “Fractures” has averaged just over $1,700 per month since May 2017.

The song has a strong Spotify presence with nearly 25 million plays since its release. According to ChartMetric, "Fractures" also appears on 249 separate playlists on Spotify with a collective following of over three million users. Illenium himself has over five million monthly Spotify listeners and a steady popularity index of 78 on the platform.

Illenium is world-renowned EDM artist with a rising following from fans and the industry alike. As a DJ and producer, Illenium often mashes up other artists' work with his electronic beats or collaborates with a featured performer. “Fractures” is an original piece created by Illenium, with an acoustic guitar and live drums paired with soft vocals from the singer Nevve.

Key Drivers

Electronic Dance Music & Streaming.  According to Nielsen 2017 Music Report, on-demand streaming is the preferred method of consumption for EDM fans.

A striking 69% of EDM music consumption comes from on-demand streaming (like Spotify, Google Play and Apple Music). This asset embraces this trend as 85% of “Fractures”’s income comes from streaming sources.

Tour. Illenium is actively staying in front of his fans. He is scheduled to perform at this year’s Coachella festival in April. Coachella is one of the largest, most famous, and most profitable music festivals in the United States and all over the world. Illenium also has additional tour stops through June 2018.

For an artist, a tour helps promote new releases and expand their fan base. Since Illenium is planning to be on the road with shows scheduled at some of the hottest festivals/venues, he'll gain exposure for his back catalog and "Fractures."

Note About Last 12 Months’ Royalties

“Fractures” is a new release from February 2017. As a result, it does not have a full 12 full months of data available to calculate a benchmark of “last 12 months.”

In order to value the song, a forecasted “last 12 months’ royalties” was calculated using the monthly average of the 7 months of data available: $2,147. From there, a decline discount of 27% was applied to this monthly average ($2,147), producing an average adjusted monthly earnings of $1,567/month.

The $1,567/monthly average was used to forecast a projected “last 12 months” earnings for “Fractures.” Using this method, an anticipated 12 months’ royalties for the song would be $18,808.

What is being sold?

100% of the seller's interest in the sales, streaming, and all sound recording royalties attributable to the sound recording "Fractures" by Illenium (ISRC: TCACX1718924).

How does this asset make money?

Every time “Fractures” is streamed on demand or digitally downloaded through sources like Spotify, Apple Music, iTunes, etc. you will earn money. Seeking Blue makes payments quarterly and the first distribution you will receive is March 2018.

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, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. Internet Streaming & Digital Downloads
Distributors: Seeking Blue

About the Royalty Distributor

Seeking Blue is an independent record label which combines tasteful and selective music curation with unmatched digital exposure. Seeking Blue is founded by MrSuicideSheep, owner of the YouTube promotion channel of the same name.

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