Flogging Molly — Songwriter Royalties

Own a piece of a 16-year-old+ catalog with growing earnings from Celtic punk legends Flogging Molly!

$75,600

closing price

Auction Closed

Top Bid: David T

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: $45,000
Bidding Increment: $850
Closing Price: $75,600
End Date: Feb 28, 2020, 3:23 PM MST
Dollar Age:

16.01 Years

Last 12 Months' Royalties:

$8,629

Investment Term: 30 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution (paid 30 days from receipt):

April 6, 2020

Distribution Frequency: Quarterly
Buyer Fees:

1% of closing price or $500 (whichever is greater)

* Please see the FAQ tab for more information on the 30-year investment term.

Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.

What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
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

Description

This catalog boasts a rare mix of classic legacy with current relevancy. Released more than 16 years ago, the songs in this catalog generate meaningful royalties that continue to grow, thanks to the lasting popularity of the Irish punk band Flogging Molly

Listing Highlights

  • 16-year Dollar Age = stable earning history 

  • Positive earning trends

  • Diversity in song revenue

  • 30-year investment term

  • Currently active and relevant catalog

Financial Highlights

This catalog is growing on nearly all counts. 

Overall royalties grew 11% last year — a solid year-over-year performance for a catalog with an average Dollar Age of 16 years. What’s more, the oldest song in the catalog—“Drunken Lullabies” (2002)—is not only the top-earning track at 15%, but also grew 34% compared to the prior period.  

This trend extends to formats as well — four of the top-five income sources increased year-over-year. International revenue drives earnings with 67% of last year’s royalties, up 7% compared to the prior year. Domestic streaming is the next-highest source of income, which increased 12% last year, while satellite radio, retail music, and streaming video all also saw double-digit gains. 

About the catalog

This catalog contains songs from all six Flogging Molly studio albums. The top-earning title (and arguably the band’s most popular single) is “Drunken Lullabies” from the 2002 Gold-certified eponymous album of the same name. Other tracks from that album—“If I Ever Leave This World Alive” and “What’s Left of The Flag”—together account for 14% of last year’s income.

Another notable track is 2008’s “Float” from the band’s most successful album of the same name, which peaked at No. 4 on the Billboard 200.

Key Drivers

Dollar Age. This catalog has a Dollar Age of  16.01 years. This means the majority of royalties earned in the last 12 months came from songs that have collected royalties for more than 16 years. A high Dollar Age like this suggests stability and longevity.

A catalog containing mature works with consistent (and even growing earnings) is something worth noting as an investor. This can help sustain a catalog's earnings moving forward.

Diversity in Song Income Mix. The single highest-earning song"Drunken Lullabies"only accounts for 15% last year’s income. This means the catalog’s earnings are not tied to the success of a single track and provides built-in diversification.

Continued Relevance. Twenty years after Flogging Molly’s first studio album, the band still resonates with a global fanbase. They are actively touring, with dates at global festivals through August 2020. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners. They also remain in front of their fans with an annual Salty Dog Cruise, in which Flogging Molly (and other punk/rock bands) perform and mingle with the attendees. 

About the Royalty Distributor

American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’s distribution schedule, click here.

Similar Auctions

Attention

This action is restricted to Royalty Exchange users.
Please, sign in or create a free account to continue.

Sign In Register