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.
Mar 22, 2017, 3:00 PM MDT
Life of author + 70 years
Last 12 Months' Royalties:
Public Performance, Mechanical, Sync
Invest in three different royalty streams from the hip-hop song “Money and the Power” by Kid Ink. Up for auction is the publisher's share of public performance, mechanical, and sync royalties. In the past 12 months, these royalty streams generated $3,641 in income.
“Money and the Power” was released in 2013 as the second single from Kid Ink's EP, Almost Home, in 2013. The song was later included on the deluxe edition of his studio album, My Own Lane, which is certified Gold by the Recording Industry Association of America meaning 500,000 units have been sold. Kid Ink continues to release new music and his latest single came out in February of this year. He is actively touring, with over 20 tour dates scheduled through the spring.
“Money and the Power” has seen successful sync placements, appearing on on HBO's series “Hard Knocks” and on the soundtrack to the NBA Live '14 videogame.The song was also one of the theme songs for World Wrestling Entertainment's signature pay-per-view event, Wrestlemania 31, during which Kid Ink performed with Skylar Grey and Travis Barker. WWE reported that the show was the highest grossing WWE event ever, drawing a revenue of $12.6 million. This auction includes sync royalties so you will earn money from future placements and performances like these. Not only that, but since public performance and mechanical royalties are also included, you will earn money every time “Money and the Power” is streamed, downloaded, purchased or re-recorded.
What is being sold?
100% of the seller's interest in the publisher's share of public performance, sync, and mechanical royalties attributable to the musical work "Money and the Power," currently paid by The Administration MP, Inc.
How does this asset make money?
Every time “Money and the Power” is streamed, downloaded, purchased, re-recorded, or used in a television show, movie, or commercial, you'll earn royalties. The Administration MP will distribute the royalties to the winner of this auction on a quarterly basis. The Administration MP's next payment is scheduled for May 2017.
What rights are included?
Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc.
Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
The Administration MP
About the Royalty Distributor
The Administration MP is a music publishing service for songwriters, producers, beat-makers, and artists. The Administration MP registers, licenses, administers, and most importantly, collects royalties around the world, for their customers.
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.
Please see the sample accounting agreement in the “Documents” tab for reference.
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