Electronic/Dance Artist RUNAGROUND

This listing includes dozens of hit songs associated with Electronic/Dance artist RUNAGROUND, including top sellers “Chase You Down,” and “Coffee Can Money.”

$20,500

closing price

Auction Closed

Top Bid: kenn g

The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.

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: $20,000
Bidding Increment: $500
Closing Price: $20,500
End Date: Oct 01, 2018, 1:00 PM MDT
Last 12 Months' Royalties: $4,893
Investment Term: 10 years*
Distributors: BMI
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: January 18, 2019
Distribution Frequency: Quarterly
Relist-Eligible?

No

Buyer Fees:

$500

* Please see the FAQ tab for more information on the 10-year investment term.

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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/Commercia Performances, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: BMI

Description

RUNAGROUND first found success through the streaming platform YouTube through self-produced versions of chart-topping singles, including Avicii’s “Wake Me Up.” Humble beginnings quickly launched RUNAGROUND onto the charts. In 2014, the release of the first EP Anti-Gravity landed the artist at No. 23 on the iTunes songwriter chart. The self-titled track from the album “Anti-Gravity” is currently on the rise and contributes to over 3% of this catalog’s last 12 months earnings.

This listing also includes RUNAGROUND top-selling song “Chase You Down.” Released in 2016, the track spent 20 weeks on the Billboard's Hot Dance/Electronic Albums, peaking at No. 29. “Chase You Down” contributes to over 84% of this collection of works historic earnings. The YouTube video for the track currently claims over 6 million plays.

Additionally, this collection has multiple new releases from 2017, such as “Coffee Can Money” from Borgeous & MORTEN (featuring RUNAGROUND), and the RUNAGROUND original “Can’t Afford It.” Collectively, these songs contribute to just over a quarter of this catalog’s earnings in the last 12 months. Both are currently showing a positive growth rate over the preceding quarters.

Finally, the song ”Stars Come Out" featuring The Disco Fries is included. The song saw over a million streams on Spotify in less than three months of its release. With over 7.5 million streams, It is included on several of Spotify's curated and most popular dance/electronic music playlists.

Key Drivers

Streaming. Earners in this catalog include ”Chase You Down” and more. Any time one of these tracks is streamed on Spotify, Pandora, or Apple Music, you earn! On the streaming platform Spotify, artist RUNAGROUND has nearly 300,000 monthly listeners. The original track “Chase You Down” and its radio edit collectively have over 8 million streams and counting.

Satellite Radio. The Copyright Royalty Board (CRB) recently increased the rates Sirius XM must pay rights-holders by more than 40% over the next five years, from 11% of revenue to 15.5% of revenue, effective January 1, 2018. This catalog earns the majority of its income (52% historically) from Sirius XM. As the winner of this auction, you can benefit from these rate increases as you collect royalties for the next 10 years.

International. The majority of this catalog’s earnings come from abroad — including Canada, Denmark and The United Kingdom. As the winner of this auction, you’ll be entitled to international performance royalties paid by BMI, regardless of when they were earned.

About the Royalty Distributor

Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, SESAC & 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 BMI’s distribution schedule, click here.

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