Global Pop Featuring Madcon

Up for bid is an international pop catalog highlighted by the hit track “Don’t Worry” from Norwegian pop team Madcon, featuring Ray Dalton.

$360,000

closing price

Auction Closed

Top Bid: Alex G

The Theoretical IRR is a formulaic guideline based on past earnings performance and is not based upon an analysis of the unique characteristics of the asset up for auction. 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: $320,000
Bidding Increment: $10,000
Closing Price: $360,000
End Date: Jun 11, 2018, 3:04 PM MDT
Last 12 Months' Royalties: $181,227
Investment Term: 10 years*
Distributors: BMI
Rights Included:

Public Performance 

Interests Included:

100%

Track List:

Track List

First Distribution: June 15, 2018
Distribution Frequency: Quarterly
Relist-Eligible? Yes
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/Commercial Performances, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: BMI

Description

Here we have a pop catalog featuring sizable royalties from more than 50 countries. The crown jewel of this collection is the title “Don’t Worry” from Norwegian duo Madcon featuring vocals from American singer Ray Dalton. The title brought in 81% of last year’s income.

“Don’t Worry” spent five weeks at No. 1 on Germany's Airplay Top 100 and charted in the Top 10 in 14 other countries. The song also hit No. 3 Billboard Germany Songs. Released in 2014, the track has over 170 million streams on Spotify and is Madcon’s most popular on the platform. "Don't Worry" also is certified Gold or higher is ten countries, including Germany (Platinum). The music video for “Don’t Worry” has an impressive 120+ million views on YouTube. Finally, the track was featured in Season 25 of Dancing With the Stars.

Also included in this catalog is another Madcon title “Keep My Cool,” released in 2016. “Keep My Cool” brought in 17% of income in the last year for the catalog. There is a release from popular Australian artist Delta Goodrem titled “Enough.”

Finally, this collection features a song from one of the best-selling female artists of all time: Mariah Carey. There is a version of the New Year’s Eve classic “Auld Lang Syne,” off Mariah’s album Merry Christmas II You.

Key Drivers

New Releases. Madcon recently released a new album Contakt Vol. 2 in March 2018. While the new songs are not included in this auction, new releases can help boost an artist's back catalog. The release of new music draws discovery among new fans who are listening to these artists for the first time.

International Income. The majority of this catalog’s earnings come from abroad — 99% of historic earnings come from outside the United States. You'll notice an increase earnings for this catalog in Q2 2017. This spike came from radio performances in Germany for “Keep My Cool,” paid out by the German collection society (or PRO) GEMA to BMI.

International royalties can take time to calculate and disburse by foreign societies to BMI. These payments are then distributed by BMI to its members for the foreign performances. This means they are typically disbursed without a regular schedule and can be reported with limited detail. It's important to take into consideration that as the winner of this auction, you'll be entitled to any royalties paid out by BMI going forward, including all foreign royalties for past performances

What is being sold?

Ten years of payments derived from 100% of the seller's interest in the songwriter's share of public performance royalties attributable to the seller's catalog of musical works. See the “Overview” box above for a full track list.

how does this asset make money?

Every time “Don’t Worry” or any song in this catalog, is played on the radio, Spotify, or any other type of public performance, you earn royalties.

BMI makes payments quarterly and the first distribution you will receive is set for June 2018. Royalty Exchange will collect the payments from BMI and disburse to you in July 2018.

Unless the buyer opts out of the opportunity, this listing will automatically be relisted as a "Buy It Now" sale at a premium over the closing price. The relisted asset will remain live until it is purchased, or until its first royalty distribution. This gives the winning bidder the chance to earn an immediate return on the asset while awaiting the first royalty payment.

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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