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.
Feb 03, 2017, 3:00 PM MST
Life of author + 70 years
Last 12 Months' Royalties:
$75 ASCAP Assignment Fee
Up for auction is the #1 hit country song “Small Town USA” by Justin Moore. This song continues to earn radio play royalties more than 7 years after it's release, making up 62% of the catalog's income. In the last 12 months, this song earned $3,783 in royalties.
“Small Town USA” was released in 2009 as the second single of Moore's career. The song became his first number one hit, reaching the top of the Billboard US Hot Country Songs chart. "Small Town USA" also has fared well as a crossover hit, peaking at number 44 on the Billboard Hot 100.
Today, the song has over 10 million YouTube views and the number of views has been increasing since 2015. This YouTube trend suggests Justin Moore's popularity continues to increase as he establishes himself as a star in country music. In August of 2016, he released his most recent album, Kinda Don't Care, which topped the country albums chart and debuted at number 4 on the Billboard 200.
Moore is actively touring, with over 20 tour dates planned through July of this year. This is important because the royalties available in the auction are for public performance, so every time Moore performs “Small Town USA” at a concert, you earn a royalty. Additionally, tours and album releases are great ways for an artist to gain popularity, expand their fan base, and expose their fans to all of their songs and albums.
What is being sold?
100% of Seller's interest the songwriter's share of public performance royalties attributable to the musical work "Small Town USA" by Justin Moore.
How does this asset make money?
Every time “Small Town USA” is played on iTunes, Pandora, Spotify, or any other type of public performance, you earn royalties. ASCAP makes payments quarterly and the next ASCAP distribution is February 2017.
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?
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.
About the Royalty Distributor
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.
Public performance royalties are payments made by radio stations, hotels, restaurants, night clubs, etc. to the composition copyright holder(s) for each public performance of the copyrighted work. In the U.S., public performance royalties are typically paid to performing rights organizations (e.g., ASCAP, BMI) who then distribute the royalties to the copyright holder(s).
Mechanical royalties are royalties deriving from per-unit payments made by recording companies or digital download providers to the composition copyright holder(s) for every purchase of a sound recording that reproduces the copyrighted composition.
Non-interactive digital performance royalties are payments made by non-interactive music services (i.e. those that mimic the experience of a radio broadcast) of a statutorily-set amount (on either a per-play or annual basis—depending on the type of service) to SoundExchange for the benefit of the sound recording copyright holder and the performing artists for the right to perform the copyrighted sound recording via non-interactive, digital means.
non-interactive digital performance royalties
The royalties owed to the creator(s) of a musical composition which are paid in return for the right to reproduce, distribute, or perform the copyrighted work.
A musical composition is one of the two copyrightable parts of a recorded song. It consists of the song's music, including any accompanying words, (i.e. the portion of a song that is capable of being fully expressed as sheet music) and is separate from any particular recording of the song or its performance by any particular artist.
A sound recording is one of the two copyrightable portions of a recorded song. It results from the fixation of a series of musical, spoken, or other sounds in a tangible (at least momentarily permanent) medium.
The portion of royalties owed to the owner of a sound recording. The owner may the performing artist, the producer, or another party (such as a record label) who contractually acquired the ownership of the copyrighted work (e.g., through a recording agreement), owns it by virtue of an employer-employee relationship with the creator(s) of the work, or specially commissioned the work.
rights owner's share
The portion of royalties owed to the performers of a sound recording in return for the right to perform the copyrighted work via non-interactive, digital services (e.g., Pandora, Spotify).
The portion of royalties owed to the music publisher which are paid in return for the right to reproduce, distribute, or perform a copyrighted musical composition, arising from a contractual obligation (i.e. a publishing agreement) or employer-employee relationship with the creator of composition (i.e. the songwriter(s)).
If an asset requires splitting up a catalog by works or percentages, Royalty Exchange may need to provide royalty accounting services to the buyer, seller, or both. This is because the royalty distributor may not be able to split royalties as intended by the asset transfer. Royalty Exchange's involvement helps to ensure accurate royalty payments. It also helps assure buyers and sellers that they are not missing out on potential earnings.
The accounting process often involves manual spreadsheet work and coordinating with royalty distributors. Royalty Exchange's goal is for the accounting service to be temporary. We plan to work with distributors to find solutions that will allow us to revert accounting and payment obligations back to the distributor, removing ourselves from the process. In the meantime, we've instituted the 5% fee to help offset costs in the manual accounting.
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