Indie Folk Sales & Streaming

Collect sound recording royalties from the rising indie artist Beauville's single “Letting In,” produced by popular NoMBe.

$42,000

closing price

Auction Closed

Top Bid: Martin R

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: $16,500
Bidding Increment: $500
Closing Price: $42,000
End Date: Jan 03, 2018, 3:09 PM MST
Investment Term: Life of author + 70 years
50% of Last 12 Months' Royalties: $6,718
Royalty Type: Sales and Streaming
First Payment: February 2018
Buyer Fees: None

Description

This single song auction features sales and streaming royalties generated by the hit single “Letting In” from the eclectic indie artist Beauville. Over the last 12 months, this song has produced $6,718 in earnings.

Streaming dominates the sound recording royalties generated by "Letting In," accounting for 92% of historic income. What's more is these royalties are on the rise, growing 11% over the previous four quarters. Spotify is the leading source bringing in 93% of earnings over the last 12 months.

“Letting In” is the only single released from the highly anticipated debut Beauville EP, expected in 2018. The song pays homage to a unique blend of acoustic-guitar and digital beats, courtesy of hit producer NoMBe. NoMBe is also slated to produce the upcoming Beauville EP. Released in 2015, “Letting In” currently buffers nearly 6 million Spotify plays with Beauville boasting an average of close to 100,000 monthly listeners.

If you win this auction, you will earn money from streams and downloads of the single as well as any album sales that include “Letting In.” These royalties are collected and paid through TuneCore from sources like Spotify, iTunes, Google Play, YouTube, Amazon, etc.

Key Drivers

Spotify. Spotify is the most lucrative source of royalties for this song accounting for 89% of the total income and 93% of royalties over the last 12 months. The streaming service recently made headlines for its booming valuation. Spotify's subscriber base has grown 40% year-over-year. According to reports, Spotify is on track to hit $4.9 million in revenue for 2017 — a 40% increase over 2016.

Looking at Beauville's Spotify data, the artist's listeners, streams, and followers all have steadily increased since 2015.

Note: Artist data provided by Spotify.

For reference, Spotify classifies “Listeners” as the number of unique persons listening to music, which can indicate a measure of the artist's popularity. “Streams” is the number of times the song is played for at least 30 seconds. “Followers” are listeners who follow the artist on Spotify and receive updates/release news on the artist.

Album Release. For an artist, a new album can help energize their previously released work, particularly when it is a collaboration with an already popular artist. In this case, “Letting In” is a single that was released prior to the album Beauville EP being completed. Artists do this in order to drive excitement for the upcoming album. Set to drop in 2018, Beauville EP will include “Letting In” and the album will also be produced by NoMBe. Since NoMBe is a collaborator on the track, “Letting In” is NoMBe's third most popular song on Spotify. With nearly 1.2 million monthly listeners and over 50 million total streams, NoMBe’s following offers Beauville's "Letting In" the attention it deserves and is a strong indicator for the future of this up and coming artist.

What is being sold?

50% of the seller’s interest in the sales, streaming, and all royalties derived from the sound recording copyrights (excluding synchronization, non-interactive digital performance royalties collected by SoundExchange, and any royalties collected by Bandcamp & SoundCloud) attributable to the master sound recording “Letting In” (TuneCore Song ID: TCACE1536574).

How does this asset make money?

Every time “Letting In” is streamed on demand or digitally downloaded through sources like Spotify, iTunes, YouTube etc. you will earn money. Royalty Exchange will administer royalties from Tunecore to the buyer on a monthly basis and the first payment will be February 2018.

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
Distributors: TuneCore

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.

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