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.
|End Date:||Mar 05, 2019, 3:04 PM MST|
|Last 12 Months' Royalties:||$1,529|
|Investment Term:||10 years*|
|First Distribution:||March 22, 2019|
* 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|
|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.|
Included in this auction is a collection of pop and hip-hop tracks with global reach. Top earners for this catalog are tracks from multiple English artists including teen-pop star Conor Maynard and the internationally recognized hip-hop artist Estelle.
Released in 2012, “Pictures” drives over 46% of earnings in the last 12 months. In Q2 2018, this track received multiple large international payments from Brazil and France, which is apparent in the quarterly bar chart on the “Financials” tab. This track has shown significant growth during the most recent pay period, due in part to this large international payment.
Additionally, 2013 Estelle track “Call These Boys” contributes to over a third of historic earnings for this collection. “Call These Boys” is currently growing at a 29% rate over the previous year.
It’s no surprise that the bulk of this collection’s earnings come from overseas, as its top-earning tracks are from performing artists in the UK. In fact, in the last 12 months alone, over 61% of royalties earned have come from overseas sources. While the US remains top-earning country overall, Brazil, France and the UK following close behind. As international earnings are reported to distributors with little detail, international as a source can often include income from radio, streaming platforms, and TV/Film.
International. The majority of this catalog’s earnings come from abroad — at 36% 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 BMI, regardless of when they were earned.
As this collection earns primarily from countries outside the United States, it’s important to note that international earnings can often be reported to distributors with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.
TV/Film. This catalog benefits from placements in TV/Film, contributing to over 33% of this catalog's historic earnings. The track “Call These Boys” earns from a placement in Ride Along, a 2014 film starring Kevin Hart and Ice Cube. Following its release, the film grossed 154 million at the box office. Every time Ride Along plays on TV, a royalty is generated for “Call These Boys.” As the winner of this auction, you'll collect the performance royalties for any of the songs' use in TV/Film.
About the Royalty Distributor
Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, 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 BMI’s distribution schedule, click here.