Hip-Hop Sound Recording Royalties: Cam Meekins

Invest in sales and streaming royalties generated by the hip-hop album Stories From The Green Line from Cam Meekins.

$30,850

closing price

Auction Closed

Top Bid: Andrew 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: $27,250
Bidding Increment: $600
Closing Price: $30,850
End Date: Nov 07, 2018, 3:04 PM MST
Last 12 Months' Royalties:

$6,120

Investment Term: Life of author + 70 years
Distributors: TuneCore
Rights Included:

Sales and Streaming

Interests Included:

Artist & Rightsholder (World) 

Track List:

Track List

First Distribution:

December 15, 2018

Distribution Frequency:

Monthly

Relist-Eligible?

No

Buyer Fees:

$500

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
Non-Interactive Streaming
Sync
Sources: Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. Internet Streaming, Digital Downloads, etc.
Distributors: TuneCore

Description

This auction features hip-hop sound recording royalties from Cam Meekins’ indie album Stories From The Green Line. These earnings come from the digital sale and streaming of the album and its included singles.

Boston-based indie rapper Cam Meekins came on the scene in 2011 with his mixtape 1993. The next year he was awarded best new artist at the Boston Music Awards. Since then, Meekins has released five albums, including Stories From The Green Line. Click on the 'Media' tab to listen to the album.

Stories From The Green Line was released in 2015 and features 10 tracks. Today, it is Meekin's second-best selling album. The single “Bad for It” featuring Witt Lowry is the highest-earning track with 33% of royalties in the last 12 months. “Bad For It” has over a million spins on Spotify to date.

If you win this auction, you will earn returns from streams and downloads of the entire album as well as any individual songs. Streaming is the primary income source for this catalog, accounting for 95% of royalties in the last year. Spotify the leading streaming source, bringing in 63% of earnings over the same period.

These royalties are currently collected and paid through TuneCore from sources like iTunes, Spotify, Google Play, Amazon, etc. on a monthly basis. TuneCore also provides a service which tracks and collects revenue when these sound recordings are used anywhere on YouTube. These royalties are distributed separately and you can see more details on the 'Financials' Tab.

Key Drivers

Hip-Hop & Streaming. This catalog is a perfect example of two trends: hip-hop and streaming growth worldwide. Hip-hop overtook rock in 2017 as the most popular genre of music in the U.S. and now accounts for 31% of all music consumption. The driver for the increase is streaming. According to Rolling Stone, total consumption of Urban songs (Hip-Hop/Rap and R&B) by both streams and sales grew by 18% in the first half of 2018.

New Releases. Cam Meekins just recently released a new single on October 30th, 2018. He is also working on a new album, set to drop in 2019. While the new song and upcoming album are not included in this auction, new releases can help boost an artist's back catalog. The release of new music draws discovery among first-time listeners and re-engages existing fans.

About the Royalty Distributor

TuneCore is New York-based independent digital music distribution service, founded in 2005. TuneCore offers musicians and other rights-holders the opportunity to distribute and sell or stream their music through online retailers such as iTunes, Spotify, Amazon Music, Google Play, Tidal, and others.

Note: The sound recordings for this asset are currently distributed via TuneCore, but digital distribution will soon be migrated to Stem. For more information on Stem, click here.

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