Growing Royalties from Rising Hip-Hop Artists

Collect songwriter royalties from a growing hip-hop catalog that's payments have increased each of the last four distribution periods.

$39,000

closing price

Auction Closed

Top Bid: Gary W

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: $30,000
Bidding Increment: $1,000
Closing Price: $39,000
End Date: Dec 06, 2016, 3:00 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $16,265
Royalty Type: Public Performance
First Payment: January 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

Collect growing royalties from a catalog of hip-hop music whose payments have increased each of the last four distribution periods. This catalog, which includes songs by Kevin Gates, TK N Cash and an August Alsina collaboration with Lil' Wayne, earned $16,265 in royalties in the last 12 months. The most recent quarter saw a large portion of royalties from domestic radio for the song “3x In A Row” by TK N Cash, but even excluding radio royalties the last quarter saw a 42% increase in royalties over the previous quarter.

Highlights from this catalog are songs by hip-hop artist Kevin Gates, who came into the spotlight this year with the release of his album, Islah, in January 2016. The album reached #2 on the Billboard 200 in February, beating out Adele's 25. The only artists to out-sell Adele in any one week during that period? David Bowie, Panic! At The Disco, Rihanna, The 1975 and, yes, Kevin Gates. The album reached Platinum status in August 2016.

Included in this catalog is “Not the Only One” from the Islah album, which currently has over 14.5 million plays on Spotify, as well as songs from Gates' previous albums which have seen an increase in royalties since Islah's release. Since the next BMI payment will cover performances from April through June of this year, the winner of this auction will ride Gates' newfound popularity and collect increasing royalties for “Not the Only One,” as well as any other song in this catalog.

What is being sold?

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

How does this asset make money?

Every time a song in this catalog is played on the radio, Apple Music, Pandora, Spotify, or in any other type of public performance, you earn royalties. If a networks airs a TV show or a film that uses any of the songs in this catalog, a public performance royalty is generated. BMI will distribute the royalties to the winner of this auction on a quarterly basis, beginning in January 2017. More detailed information can be found in the Financials tab.

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

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.

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