Grammy Nominated “We Dem Boyz”

Collect songwriter royalties from a catalog of hip-hop music highlighted by the Grammy nominated song “We Dem Boyz” by Wiz Khalifa

$82,000

closing price

Auction Closed

Top Bid: theodoros z

Overview

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: $46,000
Bidding Increment: $1,000
Closing Price: $82,000
End Date: Feb 07, 2017, 3:04 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $18,052
Royalty Type: Public Performance
First Payment: March 2017
Fees: $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.

Description

Invest in a catalog of hip-hop music highlighted by the Grammy nominated, certified Platinum song “We Dem Boyz” by Wiz Khalifa. 90% the catalog's income comes from “We Dem Boyz” and royalties for this song have increased 36% in the last 12 months over the previous. This catalog of nine songs earned a total of $18,052 in the last 12 months.

“We Dem Boyz” was released in 2014 as the lead single off of Wiz Khalifa's fourth album Blacc Hollywood. The song reached number 8 on Billboard's 10 Best Rap Songs of 2014 list. In 2015, “We Dem Boyz” was nominated for Best Rap Song at the Grammy Awards. The single was certified Platinum in June of 2016 by the Recording Industry Association of America (RIAA), meaning 1 million units were sold.

This song has also seen success in film, television, and sports. “We Dem Boyz” appeared in the 2015 film Southpaw and also has been featured in several TV shows, including Black-ish, Empire, Hawaii Five-O and The Mindy Project. Dallas Cowboys fans have embraced the song as their unofficial anthem since it's release in 2014 and “We Dem Boyz” became the official goal song for Team Canada during the 2016 World Cup of Hockey.

Today, the YouTube video for “We Dem Boyz” has over 209 million views and the daily views saw an increase in views in mid-2016. Wiz Khalifa has over 16 million monthly Spotify listeners and this song is in his top 5 most streamed songs. Wiz Khalifa continues to stay in front of his fans with several tour dates planned in the upcoming months. This is important, because every time “We Dem Boyz,” or any other song in this catalog, is performed at a concert, streamed, or used in a TV show or film, you will earn money.

What is being sold?

100% of the seller's interest the songwriter's share of public performance royalties attributable to the musical works in the seller's BMI catalog. See the “Documents” tab for a full track list.

How does this asset make money?

Every time “We Dem Boyz,” or any song in this catalog, is played on iTunes, Pandora, Spotify, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the next BMI distribution is March 2017.

What rights are included?

  Musical Composition Sound Recording
Copyright included: No
Rights:
Mechanical
Performance
Synch
Sales
Performance
Synch
Royalty 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.
Distributed by: BMI

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.

Financials

Documents

Media

Post-Auction Process

Attention

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

Sign In Register