Hip-Hop Hits by Popular Artists
Catalog of songs performed by hip-hop icons Eminem, Lil Wayne, 2 Chainz, and Nicki Minaj
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: | $12,000 |
| Bidding Increment: | $250 |
| Closing Price: | $13,500 |
| End Date: | Sep 19, 2016, 3:03 PM MDT |
| Investment Term: | Life of author + 70 years |
| Past 4 Quarter's Royalties: | $2,336 |
| First Payment: | September 2016 |
| Royalty Type: | Public Performance, Mechanical, Synch |
| Fees: | $75 ASCAP Assignment Fee |
Description
Up for auction is a catalog of hit tracks performed by hip-hop icons Eminem, Lil Wayne, 2 Chainz, and Nicki Minaj.
This auction is for 100% of the seller's interest in the songwriter and publisher shares of public performance, mechanical, digital distribution and synch royalties for a selection of works in the seller's catalog. This means, the winner of the auction will earn royalties when Lil' Wayne's “My Homies Still,” or any of these 6 songs in the catalog, are streamed, downloaded, sold, re-recorded, or covered.
In 2015, this asset earned $2,336.90 . Payments will be administered by ASCAP and Shelly Bay Music. ASCAP distributes royalty payments quarterly, and Shelly Bay distributes biannually. More detailed financial information can be found in the “Financials” tab below.
What is being sold?
100% of the seller’s interest in the songwriter’s and publisher’s shares of public performance, mechanical, digital distribution, and synch royalties for a catalog of songs currently payable by ASCAP and Shelly Bay Music.
how does this asset make money?
Every time one of these songs is played on Spotify, Pandora, Rhapsody, YouTube, SiriusXM, or iTunes Radio, you earn royalties. If a song in this catalog is covered by another artist, you earn royalties. Also, every time a copy of this song is downloaded, sold, or re-recorded, you earn royalties. ASCAP and Shelly Bay will distribute the royalties to the winner of this auction on a quarterly basis. The next ASCAP payment is scheduled for September 2016 and Shelly Bay is scheduled for October 2016.
What is interesting about this asset?
Highlights from this catalog are Lil Wayne's “That Ain't Me,” “Ground Zero,” and “My Homies Still.” All three of these songs are on RIAA-certified gold albums; “IANAHB,” “Rebirth,” and “IANAHB2,” respectively. “My Homies Still”, became an RIAA- certified platinum single and in 2014 the song was featured on the soundtrack for the movie, Step Up: All In. Lil Wayne has sold over 100 million records worldwide, including more than 15 million albums and 37 million digital tracks in the United States, making him one of the best-selling artists of all time.
Also included in this catalog is the song “Bad Guy” from Eminem's eighth studio album, The Marshall Mathers LP 2. “Bad Guy” received universal acclaim from critics, praising the song's storytelling. Logan Smithson of PopMatters says, "The opening track, "Bad Guy", is one of the most awe-inspiring pieces of storytelling in hip-hop in quite some time.” Julia Leconte of Now cited "Bad Guy", as one of the examples for Eminem being, "one of the best all-time storytellers in rap.” The album has sold nearly 4 million records worldwide and won the Grammy Award for Best Rap Album at the 57th Grammy Awards.
Every time “That Ain't Me” or “Bad Guy” is streamed, downloaded, sold, re-recorded, or covered, the winner of this auction will earn money.
what rights are included?
about the royalty distributors
ASCAP is the American Society of Composers, Authors and Publishers (ASCAP), a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. Through agreements with affiliated international societies, ASCAP also represents hundreds of thousands of music creators worldwide.
Shelly Bay Music is a full-service music industry consulting, management and publishing firm. Shelly Bay Music advises, instructs and guides clients on all aspects of the music industry, from marketing and publishing, to administration and licensing.