Hip-Hop Hits From Drake & More
Collect royalties in perpetuity on multiple Drake tracks including “Blue Tint” from the Platinum album Scorpion.
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: | $71,000 |
| Bidding Increment: | $2,100 |
| Closing Price: | $71,000 |
| End Date: | Jul 25, 2019, 3:00 PM MDT |
| Dollar Age: | 2.39 Years |
| Last 12 Months' Royalties: | $21,168 |
| Investment Term: | Life of author + 70 years |
| Distributors: | BMI |
| Rights Included: | Public Performance |
| Interests Included: | Songwriter (World) |
| Track List: | |
| First Distribution: | September 20, 2019 |
| Distribution Frequency: | Quarterly |
| Buyer Fees: | $500‡ |
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
What rights are included?
| Musical Composition | Sound Recording | |||||||
|---|---|---|---|---|---|---|---|---|
| Copyrights included? | No | — | ||||||
| Rights: |
|
|
||||||
| 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 | — |
Description
Up for auction is a collection of works highlighting some of the biggest names in hip-hop including Drake, Young Thug and more. True to the nature of hip-hop as a genre, the majority of earnings for this collection derive from streaming platforms, at 75% historically.
The top-earning track is “Blue Tint” from Drake’s album Scorpion. Scorpion was certified Platinum a day before release due to the hit success of multiple previously released singles. In its first day of release, Scorpion broke Spotify's one-day global record for album streams with 132.45 million streams. Additionally, Scorpion was nominated for Album of the Year at the 2019 Grammy Awards and won Top Billboard 200 Album at the 2019 Billboard Music Awards. “Blue Tint” makes up nearly a third of recent earnings.
Contributed to an additional third of recent earnings is Grammy-awarded artist Young Thug track “Wyclef Jean.” Released in 2016, the viral music video produced for the track currently boasts over 35 million plays on YouTube.
Additional Drake track “Ice Melts” makes up just over 20% of recent earnings. Featured on More Life, the album itself debuted at number one on the US Billboard 200, becoming Drake’s seventh consecutive number one album, while also breaking several streaming records.
What’s compelling about this group of works is the majority of recent earnings are spread evenly across the top three earning works, two of which are new releases. This spread provides a diverse income mix between new(er) releases and more mature works. Additionally, this means the catalog’s earnings are not tied to the success of a single track, providing built-in diversification.
Key Drivers
Hip-Hop & Streaming. Hip-hop overtook rock in 2017 as the most popular genre of music in the U.S. In the first half of 2018, it accounted for 31% of all music consumption. According to the Nielsen report, total consumption of Urban songs (Hip-Hop/Rap and R&B) grew by 18% in both sales and streams.
This collection is a perfect example of these two trends: hip-hop and streaming's growth worldwide. Streaming accounts for 76% of this catalogs earnings in the last 12 months.
As 2015 and 2016’s most-streamed artist, Drake, took home the crown once again in 2018 with 8.2 billion streams in 2018 alone. The Canadian rapper is now Spotify's most-streamed artist of all time. This is good news for you, as it exposes Drake and his songs to new listeners & potential fans.
Drake’s Massive Popularity. In June 2018, the RIAA announced that Drake is the top-certified singles artist ever with 142 million certified units. Drake also holds a number of historic Billboard chart records including Most Simultaneously Charted Hot 100 Titles, Most Top 10 Hot 100 Debuts in a Week, Most Hot 100 Top 10s Among Solo Males and many more. Click here to view the full list.
Drake just recently released a new album and while he is not currently on tour, he did just wrap up a hugely successful world tour which consisted of a week residency at Europe’s top-grossing concert venue, London’s famed O2 Arena. While new songs are not included in this auction, the release of new music and active tours reengages existing fans and draws discovery among new fans.
Matching Right
This seller's publisher holds a matching right on any sale of public performance income in this catalog. The publisher will have the opportunity to match the winning bid after this auction closes. If you are the winning bidder, the publisher must first decline their matching right before you will be able to complete your purchase. This process is generally completed within 5–10 business days.
About the Royalty Distributor
Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, 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 BMI’s distribution schedule, click here.