International Catalog: Polish DJ Gromee
Bid now for your chance to collect from a selection of multiple charting works from the award-winning Polish DJ Gromee.
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: | $3,000 |
| Bidding Increment: | $150 |
| Closing Price: | $6,750 |
| End Date: | Nov 19, 2018, 3:18 PM MST |
| Last 12 Months' Royalties: | $1,795 |
| Investment Term: | 10 years* |
| Distributors: | SESAC |
| Rights Included: | Public Performance |
| Interests Included: | Songwriter (World) |
| Track List: | |
| First Distribution: | December 31, 2018 |
| Distribution Frequency: | Quarterly |
| Relist-Eligible? | No |
| Buyer Fees: | $500‡ |
* 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 | |||||||
|---|---|---|---|---|---|---|---|---|
| Copyrights included? | No | — | ||||||
| Rights: |
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| 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: | SESAC | — |
Description
Up for auction is a selection of songs from the award-winning Polish DJ Gromee, including his hit track “Follow You.” This listing earns predominantly from international sources and in the last 12 months alone has collected nearly $2k in earnings.
Winner of the ESKA Music Awards int 2017 for Best DJ/Producer, Gromee has worked alongside such legendary performers as Steve Aoki, Eric Clapton, and Sting. Gromee’s certified gold track “Follow You” drives this catalog’s earnings, contributing to 64% of earnings in the last 12 months and nearly 75% of historic earnings. Released in 2015, the track appeared on Gromee’s album Chapter One, which peaked at No. 8 on Polish charts. The album was certified Gold in Poland, while the song “Follow You” reached No. 11 in the country.
Additional earnings come from Gromee tracks “All Night” and “Who Do You Love.” Collectively, the songs contribute to over a third of this catalog’s earnings in the last 12 months.
Key Drivers
International. Almost all of this catalog’s earnings come from abroad — at nearly 100% of historical earnings. Although international royalty distribution can lag behind domestic payments and arrive with limited detail, as the winner of this auction you’ll be entitled to any past performance royalties paid by SESAC, regardless of when they were earned.
About the Royalty Distributor
SESAC is one of four United States performing rights organizations, along with ASCAP, BMI & 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 SESAC’s distribution schedule, click here.