Growing Alternative Rock Catalog: Have Mercy

Up for auction are the songwriter royalties from the up-and-coming alternative rock band Have Mercy.

$5,200

closing price

Auction Closed

Top Bid: Edvard N

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: $2,600
Bidding Increment: $100
Closing Price: $5,200
End Date: Apr 24, 2019, 3:00 PM MDT
Dollar Age:

4.42 Years

Last 12 Months' Royalties: $893
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: May 13, 2019
Distribution Frequency: Quarterly
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: ASCAP

Description

Bid now for a chance to earn from both newer and established works from the alternative rock group Have Mercy. The American rock band formed in 2009, releasing three albums, all of which are featured in this catalog.

This collections top earning song is also one of it’s oldest. “Let’s Talk About Your Hair” contributes to 19% of earnings in the last 12 months, up 16% over the preceding year. Have Mercy’s most popular track on streaming sources, the 2013 release appears on the band's debut album, The Earth Pushed Back.

One interesting feature is in the last 12 months, over 50% of earnings for this collection derived from five works, three of which are recent releases. This provides a diverse income mix between new(er) releases and more mature works. The remaining 48% of recent earnings is comprised of an additional 30 works.

Overall, this collection is trending positively. As the band Have Mercy establishes a fanbase overseas, it drives an increase in international royalties. In fact, in the last 12 months, international royalties for this collection have grown significantly. Historically, the top-earning countries beyond the US for this collection are Australia, Canada, and The UK.

Key Drivers

Alternative Rock/Streaming. According to the BuzzAngle 2018 Music Report, rock titles were the third-most streamed songs last year, representing 14% of all streams. Streaming accounts for 59% of this rock catalog's earnings last year. Historically, over 77% of this collections earnings derived on streaming platforms.

International. A majority of this catalog’s earnings come from abroad — at 23% of historical earnings. Although international royalty distribution can lag behind domestic payments and arrive with limited detail, as the winner of this auction you’ll be entitled to any past performance royalties paid by ASCAP, regardless of when they were earned.

As this collection earns primarily from countries outside the United States, it’s important to note that international earnings can often be reported to distributors with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.

Tour. Have Mercy is currently touring with dates through August 2019. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners.

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.

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