Neo-Soul Singer Songwriter Angela Johnson
Bid on 50% of the seller's interest in the songwriter's share of public performance royalties attributable to the seller's ASCAP catalog.
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: | $7,000 |
| Bidding Increment: | $250 |
| Closing Price: | $16,750 |
| End Date: | Sep 21, 2016, 3:09 PM MDT |
| Investment Term: | Life of the author + 70 years |
| Past 4 Quarters' Royalties: | $2,309 |
| First Payment: | October 2016 |
| Royalty Type: | Public Performance |
| Fees: | $75 ASCAP Assignment Fee |
Description
Up for auction is a catalog of works by singer, songwriter, and producer Angela Johnson. This auction is for 50% of the seller's songwriter share of public performance royalties attributable to the seller's ASCAP catalog.
This asset has generated $2,309.88 in the most recent 4 quarters of statements. ASCAP will distribute the royalties to the winner of this auction on a quarterly basis. The winner will receive the first domestic royalties payment in October 2016 and the first international royalties payment in November 2016. More detailed financial information can be found in the “Financials” tab below.
Bid now for a chance to collect royalties any time “Only One,” or any other song in this catalog, is played.
How does this asset make money?
Every time “Only One,” or any other song in this catalog, is played on iTunes, Pandora, Spotify, or any other type of public performance, you earn royalties. ASCAP makes payments quarterly and the next ASCAP domestic royalties payment is scheduled for October 2016 and the first international royalties payment is scheduled for November 2016.
what is interesting about this asset?
Angela Johnson is an international neo-soul recording artist with over 20 years in the music business. As a songwriter, producer and performer, she has released 6 solo albums.
Most recently, Johnson has collaborated with legendary rapper, Ghostface Killah of the Wu-Tang Clan on his 2014 album, 36 Seasons. She penned two songs on the album and also appeared with Ghostface Killah on The Tonight Show with Jimmy Fallon to perform their collaboration, “Love Don’t Live Here No More.”
Johnson has co-written songs with globally respected artists such as Maysa Leak, Frank McComb, Eric Roberson, Rahsaan Patterson, Kandace Springs, and Grammy award winner Gordon Chambers. She has also collaborated and penned hit songs for international recording artists and superstar DJs such as Reel People, Joey Negro and The Sunburst Band, DJ Spinna, and Japanese R&B superstar, Double.
Johnson's music has also been successful in television, appearing on shows such as HBO’s The Wire, FOX’s The Mindy Project, and in A&E’s The Glades, and more. In film, her music has appeared in the Nicole Kidman movie Rabbit Hole and the independent film Big Words.
IMPORTANT NOTE: Possession of the songwriter’s portion of this asset must be taken via a trust, which is required due to ASCAP’s assignment policy. Please see the Post-Auction Process tab for further information.
what rights are included?
about the royalty distributors
ASCAP is the American Society of Composers, Authors and Publishers (ASCAP), a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. Through agreements with affiliated international societies, ASCAP also represents hundreds of thousands of music creators worldwide.