Hip-Hop Royalties Featuring Kevin Gates

Enjoy steady songwriter royalties for a 30-year term from this catalog featuring Kevin Gates, Joey Bada$$, and more.

$10,300

closing price

Auction Closed

Top Bid: Jason C

The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.

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: $7,100
Bidding Increment: $200
Closing Price: $10,300
End Date: Mar 26, 2020, 1:00 PM MDT
Dollar Age:

4.80 Years

Last 12 Months' Royalties:

$1,983

Investment Term: 30 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution (paid 30 days from receipt): April 6, 2020
Distribution Frequency: Quarterly
Buyer Fees:

1% of closing price or $500 (whichever is greater)

* Please see the FAQ tab for more information on the 30-year investment term.

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
Streaming
Sync
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: ASCAP

 

Description

This catalog features a mix of hip-hop singles from a variety of artists 

LISTING HIGHLIGHTS:

  • 30-Year Investment Term
  • Over 4 Year Dollar Age

FINANCIAL HIGHLIGHTS:

Streaming is the top driver for the catalog, bringing 63% of the last 12 months’ earnings, which is consistent with emerging trends across the hip-hop genre.

The observable spike in earnings on the track “Breathe” is the result of international live performance payments. Although this is not expected to be repeated, as the winner of this auction you are entitled to any future one-time payments.

ABOUT THE CATALOG: 

This collection features early work from Kevin Gates, Joey Bada$$, and Paris Jones (PJ), among others. What’s more, the track “I’m on 2.0” features Kendrick Lamar, J. Cole, and B.O.B.

The highest-earning track in the last 12 months, “Around Me” by Kevin Gates, appeared on Gates’ breakout mixtape The Luca Brasi Story—a mixtape that dropped just prior to his deal with Atlantic Records.

Key Drivers

Hip-Hop & Streaming. Hip-Hop & Streaming. Hip-Hop/Streaming. This catalog 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.

BUYBACK OPTION

The seller has the option to repurchase the royalty share from the winning bidder, for two years after the date of sale, for 150% of the final auction price.

About the Royalty Distributor

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.

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