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.
Dec 20, 2016, 3:25 PM MST
Life of author + 70 years
$500 BMI Payee Account Fee*
*BMI charges a one-time fee of $500 to open a new payee account, which will be debited from the payee's first royalty distribution. Once opened, multiple royalty streams can be routed to the buyer's payee account. If you already have a BMI payee account, there is no fee.
This is your chance to come in on the ground floor and receive royalties for a hit song's entire lifetime. This single-song auction is for ownership of 17% of the songwriting share for the song “Grass Ain't Greener” by worldwide superstar Chris Brown.
“Grass Ain't Greener” premiered in May 2016 as the lead single off of Brown's yet to be released eighth studio album, Heartbreak on a Full Moon. BMI pays royalties for the second quarter of 2016 in January 2017. That means you will be paid the very first royalties ever earned for this song!
Since the song's release, it has been streamed more than 48 million times on Spotify. The YouTube video, which was released in August of this year, has already been viewed more than 38 million times on YouTube. The song spent four weeks on Billboard's Hot 100 and 20 weeks on R&B/Hip-Hop Airplay. And the best part is that the first royalty payment for all of these plays will be yours!
Biggest Leverage Points for Investors:
1) This is the chance to collect royalties from a song by a world famous artist at the song's peak. Chris Brown is ranked 43rd in the world on Spotify with over 13 million listeners a month.
2) “Grass Ain't Greener” is the lead single off of Chris Brown's next album which is yet to be released. Once the album comes out, you will benefit from the increased exposure of the full album's release.
What is being sold?
17% of the songwriter's share of public performance royalties for the musical work "Grass Ain't Greener" performed by Chris Brown.
How does this asset make money?
Any time “The Grass Ain't Greener” is played on the radio, streamed, or appears in a television show or a movie, you earn royalties.
What rights are included?
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.
About the Royalty Distributor
BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.
Click here to view a similar auction, First Royalties for Chris Brown's song "Wrist".
Public performance royalties are payments made by radio stations, hotels, restaurants, night clubs, etc. to the composition copyright holder(s) for each public performance of the copyrighted work. In the U.S., public performance royalties are typically paid to performing rights organizations (e.g., ASCAP, BMI) who then distribute the royalties to the copyright holder(s).
Mechanical royalties are royalties deriving from per-unit payments made by recording companies or digital download providers to the composition copyright holder(s) for every purchase of a sound recording that reproduces the copyrighted composition.
Non-interactive digital performance royalties are payments made by non-interactive music services (i.e. those that mimic the experience of a radio broadcast) of a statutorily-set amount (on either a per-play or annual basis—depending on the type of service) to SoundExchange for the benefit of the sound recording copyright holder and the performing artists for the right to perform the copyrighted sound recording via non-interactive, digital means.
non-interactive digital performance royalties
The royalties owed to the creator(s) of a musical composition which are paid in return for the right to reproduce, distribute, or perform the copyrighted work.
A musical composition is one of the two copyrightable parts of a recorded song. It consists of the song's music, including any accompanying words, (i.e. the portion of a song that is capable of being fully expressed as sheet music) and is separate from any particular recording of the song or its performance by any particular artist.
A sound recording is one of the two copyrightable portions of a recorded song. It results from the fixation of a series of musical, spoken, or other sounds in a tangible (at least momentarily permanent) medium.
The portion of royalties owed to the owner of a sound recording. The owner may the performing artist, the producer, or another party (such as a record label) who contractually acquired the ownership of the copyrighted work (e.g., through a recording agreement), owns it by virtue of an employer-employee relationship with the creator(s) of the work, or specially commissioned the work.
rights owner's share
The portion of royalties owed to the performers of a sound recording in return for the right to perform the copyrighted work via non-interactive, digital services (e.g., Pandora, Spotify).
The portion of royalties owed to the music publisher which are paid in return for the right to reproduce, distribute, or perform a copyrighted musical composition, arising from a contractual obligation (i.e. a publishing agreement) or employer-employee relationship with the creator of composition (i.e. the songwriter(s)).
If an asset requires splitting up a catalog by works or percentages, Royalty Exchange may need to provide royalty accounting services to the buyer, seller, or both. This is because the royalty distributor may not be able to split royalties as intended by the asset transfer. Royalty Exchange's involvement helps to ensure accurate royalty payments. It also helps assure buyers and sellers that they are not missing out on potential earnings.
The accounting process often involves manual spreadsheet work and coordinating with royalty distributors. Royalty Exchange's goal is for the accounting service to be temporary. We plan to work with distributors to find solutions that will allow us to revert accounting and payment obligations back to the distributor, removing ourselves from the process. In the meantime, we've instituted the 5% fee to help offset costs in the manual accounting.
Please see the sample accounting agreement document for reference.
Why does Royalty Exchange need to account?
This action is restricted to Royalty Exchange users. Please, sign in or create a free account to continue.