International Catalog Featuring Shakira and More

Collect royalties from the 2014 World Cup theme song “Dare La La” from pop-sensation Shakira.


closing price

Auction Closed

Top Bid: theodoros z

The Theoretical IRR is a formulaic guideline based on past earnings performance and is not based upon an analysis of the unique characteristics of the asset up for auction. 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: $60,000
Bidding Increment: $1,500
Closing Price: $60,000
End Date: Jun 07, 2018, 1:00 PM MDT
Last 12 Months' Royalties:


Investment Term:

10 years*



Rights Included:

Public Performance

Track List:

Track List

First Payment:

June 2018

Distribution Frequency:


Relist Eligible:


Buyer Fees:


*Please see the FAQ tab for more information on the 10-year investment term.

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Public Performance
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


This successful pop catalog features pop sensations Shakira, Cassie, and others.

Recognized for her international influence, Shakira has received three Grammy awards and 13-Latin Grammy awards.

The track “Dare La La La” from her self-titled tenth studio album is the biggest source of earnings in this catalog, representing 91% of the last 12 months’ royalty collections.. “Dare La La” was the 2014 World Cup theme song, certified RIAA Gold in the U.S., and debuted on charts in over 25 countries. Shakira herself performed a version of the song titled "La La La Brazil" live at the World Cup.

The success of this single sparked the creation of four official music videos and was re-recorded in multiple languages. The track was also included in a 60 country worldwide campaign with Dannon Yogurt. The ad featuring "Dare La La La" claims nearly 1 billion views on YouTube and is honored as one of the Most Shared Ads of All Time. Versions of this song are sometimes alternatively titled “Truth Or Dare” and “Dare” "La La La" and more in the financials tab of this listing.

The single “King of Hearts” by pop-sensation Cassie is also included in this catalog. Released in 2012, the music video for the track has generated over 7 million views on YouTube.

In addition to the streaming and radio play of these pop hits, this catalog benefits from the song “Love to Hate You”  which was placed in the Nickelodeon original film Rags. Upon its release, the soundtrack for Rags shot to No.1 on iTunes. “Love to Hate You” was performed by Keke Palmer and generates royalties anytime the film airs. 

This listing also includes Chris Brown's "Time For Love" from his Grammy-nominated album The X Album, released in 2014. 

Key Drivers

Streaming. Earners in this catalog include “Dare La La,” “King of Hearts,” and more. Any time one of these tracks is streamed on Spotify, Pandora, or Apple Music, you earn! The track “Dare La La” has over 40 million streams and counting on Spotify alone. In the last 12 months, “Dare La La’s” earnings streaming royalties grew 44%.

Radio. It is worth noting that this catalog has generated royalties since “Dare La La” was released in 2014. Due to its popularity, the catalog collected nearly $16,000 in the last 12 months, consisting of premium royalty plays. In fact, radio royalties make up 11% of the revenue over all time.

TV/Film. This catalog benefits from placements in the 2014 Danone (Dannon) Activia Yogurt campaign “Dare To Feel Good.” The ad is noted as one of YouTube's Most Shared Ads of all-time with nearly 1 billion views. You can view the ad under the media tab.

"Love You Hate You" was also featured in the Nickelodeon film Rags. TV/Film placements contribute 27% of this catalog's earnings in the last 12 months. The track “Dare La La” also benefits from commercial placements in T-Mobile and more. Learn more about these placements in the raw data file under the financials tab.

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 is process is generally completed within 5-10 business days.

What is being sold?

10 years of royalty payments derived from 100% of the seller's interest in the songwriter's share of public performance royalties attributable to the seller's catalog of musical works. See the “Financials” tab for a full track list.

How does this asset make money?

Every time "Dare La La La," "Truth Or Dare" or any other song in this catalog is played on the radio, Pandora, Sirius XM, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is June 2018.

Unless the buyer opts out of the opportunity, this listing will automatically be relisted as a "Buy It Now" sale at a premium over the closing price. The relisted asset will remain live until it is purchased, or until its first royalty distribution. This gives the winning bidder the chance to earn an immediate return on the asset while awaiting the first royalty payment.

About the Royalty Distributor

BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.

The next payment from BMI is in June 2018, to be paid to the winning bidder by Royalty Exchange in July 2018

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