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.
|End Date:||Feb 26, 2020, 3:10 PM MST|
|Last 12 Months' Royalties:||
|Investment Term:||10 years*|
BMI & ASCAP (See Note Below)
|First Distribution (paid 30 days from receipt):||
March 20, 2020
1% of closing price or $500 (whichever is greater)‡
* Please see the FAQ tab for more information on the 10-year investment term.
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
What rights are included?
|Musical Composition||Sound Recording|
|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.|
Income for this offering is fairly evenly split between international royalties and domestic streaming with 55% and 40% of last year’s earnings respectively. Australia is the leading foreign royalty source with 20% of revenue with Apple Music as the top contributing streaming platform.
Tinashe’s “Me So Bad” is this catalog’s foundation — with 81% of last year’s earnings. The 2018 release features Ty Dolla Sign and French Montana and hit No. 21 on Billboard’s R&B Songs. To date, “Me So Bad” has 30+ million streams on Spotify, while the video has 31+ million views on YouTube.
Also included in this collection is 2019’s “Here It Is” from T-Pain featuring Russ.
Hip-Hop & Streaming. This offering is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2019 Year-End Report, hip-hop is the most popular genre of music in the U.S. The driver for the increase is streaming. Six out of the top 10 streamed songs were hip-hop/rap and 52 out of the top 100 most streamed songs were hip-hop/rap.
Active Tours & New Releases. Tinashe is currently touring with dates through May 2020. She also just released a new single in February 2020. While the new song is not included in this auction, new releases and tours can help boost an artist's back catalog, as it draws discovery among first-time listeners and re-engages existing fanbase.
NOTE ABOUT CHANGE IN DISTRIBUTORS
This catalog’s public performance earnings were historically paid by BMI. The songwriter recently resigned from BMI and is now a member of ASCAP. The data presented was collected/paid by BMI.
Going forward, the winner of this auction will collect from BMI and ASCAP. BMI will represent/collect on the included works in the United States. Royalties collected outside the United States will begin to flow through the songwriter's current society, ASCAP. As the winning bidder, you will be entitled to any past performance royalties collected from around the world to be paid by BMI and ASCAP, regardless of when they were earned.
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.
American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’s distribution schedule, click here.