Growing Royalties: Wiz Khalifa Catalog
This catalog of 90+ songs includes music from Wiz Khalifa's No. 1 Grammy nominated album Blacc Hollywood, songs by Chris Brown, Ludacris, A$AP Ferg, Machine Gun Kelly, and more.
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: | $29,000 |
| Bidding Increment: | $1,000 |
| Closing Price: | $79,750 |
| End Date: | Apr 27, 2017, 3:28 PM MDT |
| Investment Term: | Life of author + 70 years |
| Last 12 Months' Royalties: | $10,351 |
| Royalty Type: | Public Performance |
| First Payment: | June 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 with growing royalties from some of hip-hop's most recognizable names: Wiz Khalifa, Chris Brown, Ludacris, Kevin Gates, Machine Gun Kelly and more. What's exciting about this catalog, is that since 2013, it has seen a steady increase in annual earnings. In the last 12 months, it has generated $10,351.
You might notice this catalog is very similar to an auction that recently closed on the site. In the music industry there are often multiple songwriters on popular songs. This auction is for a co-writers share who has an interest in many of the same tracks.
Anchoring the catalog's earnings, are three songs off Wiz Khalifa's studio album Blacc Hollywood: “Ass Drop”, “Promises” and “KK”. Released in 2014, the album debuted at No. 1 on two Billboard charts: Top 200 and Top R&B/Hip-Hop Albums. In the same year, Blacc Hollywood also received a Grammy nomination for Best Rap Album and certified-Gold by the RIAA.
As the catalog's highest earner, “Ass Drop” accounts for almost a third of the catalog's total income, with over a 50% increase from Q2 to Q3 in 2016. The song ranks in the Top 10 of Wiz Khalifa's Spotify songs with over 80 million listens. Also coming from Blacc Hollywood, “Promises” and “KK” account for another 21% of the catalog's earnings. All three songs also have shown significant royalty growth over the past four quarters.
Ludacris' “Representing” is the second highest earner in the catalog. Released in 2012, it received large radio royalties but has leveled off in the recent years. The catalog also contains two songs from Wiz's 2016 sixth studio album, Khalifa as well as tracks from Kevin Gates and MGK, among others.
Key Drivers
- Streaming accounts for 50% the catalog's total earnings. Should you win this auction, you will earn every time one of the catalog's songs streams on Spotify, Pandora and YouTube. It's worth noting that Wiz Kahlifa has a solid digital presence with over 17 million monthly Spotify listeners (ranking him 46th in the world) as well as 27 million Pandora listeners. Combined, “Ass Drop”, “Promises” and “KK”, have over 118 million YouTube views.
- If you review the biggest earners in the last 12 months, three songs, “Ass Drop”, “Promises” and “KK” are showing impressive growth rates at 47%, 53% and 53% respectively. All three of the songs were released in 2014 on Blacc Hollywood. This is important because they are continuing to be relevant with Wiz Khalifa's fans.
- Touring helps artists stay in touch with their fan base, reinvigorate their back catalog and bring in new listeners. Wiz Khalifa has a summer 2017 tour in place with some impressive festivals, such as Lollapalooza and Governor's Ball.
What is being sold?
100% of the seller's interest in the songwriter's share of public performance royalties attributable to select musical works in the seller's catalog of songs administered by BMI. See the “Financials” tab for a full track list.
How does this asset make money?
Every time “Ass Drop” or any song in this catalog, is played on the Pandora, Spotify or radio, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is June 2017.
What rights are included?
| Musical Composition | Sound Recording | |||||||
|---|---|---|---|---|---|---|---|---|
| Copyrights included? | No | — | ||||||
| Rights: |
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| 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.
Similar Auctions
If you'd like to view the recent auction for the co-writer's catalog, click here. There is also a closed auction for a hip-hop catalog with similar artists and price range, which can be viewed here.