Hip-Hop Catalog, Featuring T.I.

Collect royalties from this hip-hop catalog featuring “ASAP” from T.I., plus tracks from LL Cool J with R Kelly, Trick Daddy, Akon and many more.

$32,500

closing price

Auction Closed

Top Bid: kenn g

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: $13,500
Bidding Increment: $500
Closing Price: $32,500
End Date: Sep 08, 2017, 3:04 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $5,233
Royalty Type: Public Performance
First Payment: September 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

Up for auction is a hip-hop catalog featuring Atlanta's own T.I., along with other well-known names. In the last 12 months, this asset has produced $5,233 in earnings.

The highest earning track in the collection is “ASAP” from T.I. The song accounts for 65% of historic earnings, and was the third single from his third album, Urban Legend. Released in 2004, “ASAP” peaked at No. 75 on the Billboard Hot 100 and No. 18 on the Hot R&B/Hip-Hop Songs chart. The song is Gold-certified and featured on the soundtrack to the 2005 video game, Midnight Club 3: DUB Edition.

Another catalog highlight is “J O D D” from Trick Daddy, featuring Khia and Tampa Tony. Originally released in 2004, the song brings in 13% of the catalog's income. What's interesting about this track is that the majority of its earnings come from TV and film. “J O D D” was used in the 2005 Steve Carell film The 40 Year Old Virgin. Every time the film plays on TV, a royalty is generated. In fact, it's scheduled to play on IFC this Thursday... as the winner of this auction, you'll collect those royalties.

Finally, other tracks included in the catalog are: “I'm About To Get Her” by LL Cool J featuring R Kelly, "Life Is Life" from Cap 1, “Wonderful Life” by T.I. featuring Akon and “Last of A Dying Breed” by Young Jeezy featuring Trick Daddy.

Key Drivers

Recently, hip-hop overtook rock as the most popular genre of music in the U.S. Hip-hop accounts for 25.1% of all music consumption with rock right behind it at 23%. Digital streaming is the driver for the increase, outlined by Nielsen's report.

What's exciting is that this catalog is a perfect example of these two trends: hip-hop and streaming's worldwide growth. Although just 8% of the catalog's income currently comes from streaming, streaming's contribution to overall earnings grew 14% over the last four quarters. Specifically, the track “Last of a Dying Breed” is seeing a 57% growth rate in the last 12 months as a result of increased earnings from three streaming sources: Pandora, Apple Music and Spotify.

Streaming royalties are on the rise worldwide. If you're interested in learning more about streaming revenues' significant growth across the industry, click here.

What is being sold?

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

How does this asset make money?

Every time “ASAP” or any song in this catalog, is played on the radio, Pandora, TV, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is September 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.

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Financials

Documents

Media

Post-Auction Process

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