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:||May 20, 2020, 4:06 PM MDT|
|Last 12 Months' Royalties:||$203,053|
|Investment Term:||Life of author + 70 years|
Kobalt Music Group
Mechanical, Public Performance, Sync
|First Distribution (paid 30 days from receipt):||
June 1, 2020
1% of closing price or $500 (whichever is greater)‡§
‡ Investors placing the opening bid on any listing pay no buyer fee if they win the resulting auction, a savings of 1% off the final price (minimum $500). All Access members who already receive this discount will be rewarded with a cash rebate equal to the buyer fee.
§ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
What rights are included?
|Musical Composition||Sound Recording|
|Sources:||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.|
|Distributors:||Kobalt Music Group||—|
This single-song listing features a hit single from country star Luke Combs. The winning bidder will collect from three types of royalties: mechanical, public performance, and sync for the lifetime of the copyright of the Platinum-selling single.
Public performance drives the song's earnings thus far with 65% of last year’s total royalties. Of those public performance returns, 85% of that came from broadcast radio. As a genre, country songs tend to benefit from significant radio airplay and subsequent public performance earnings upon release.
Mechanical royalties account for 34% of the track’s returns last year. Specifically, streaming mechanicals — royalties generated when music is streamed on-demand like on Spotify — generated 28% of all total earnings in the last 12 months.
You’ll notice a significant year-over-year increase when looking at the royalty sources — this can be attributed to the song’s recent release and initial royalties spike.
ABOUT THE CATALOG:
In June 2017, Luke Combs burst on the country music scene with his debut studio album This One's for You. The album was wildly successful, holding the No. 1 spot on the Top Country Albums chart for 50 weeks, a record for a male artist on this chart.
A deluxe reissue of the album titled This One's for You Too was released in June 2018 (on the anniversary of the original album), and featured the new single "She Got the Best of Me.”
The track hit No. 1 on the Billboard Country Airplay chart in October 2018, becoming Combs' fourth consecutive No. 1 single. This made Combs the first solo artist to send all of his or her first four singles to No. 1 one since the inception of Nielsen SoundScan in January 1990, and the third act to do so overall, behind Brooks & Dunn and Florida Georgia Line.
“She Got the Best of Me” also hit No. 1 in Billboard’s Canada Country chart, No. 31 on the mainstream Hot 100, and went Platinum in January 2019. To date, the song has 156+ million spins on Spotify.
Combs was awarded New Artist of the Year by the Country Music Association in 2018 and “She Got the Best of Me” was nominated for Top Country Song at the Billboard Music Awards. Luke was also nominated for a Best New Artist at the 2019 Grammys.
Income Mix. The winner of this auction can receive income in various ways:
- Mechanical: Royalties paid to songwriters and publishers when music is sold (think CD or vinyl) but also when music is streamed (streaming mechanicals) “on-demand” (like Spotify).
- Performance: Royalties paid to songwriters when music is performed publicly. Music played over the radio, in a restaurant or bar, or over a service like Spotify or Pandora is considered a public performance.
- Synchronization: Royalties paid to songwriters and publishers for the licensing of a song in music for a movie, TV show, or commercial.
Continued Relevance. Luke Combs recently released a new single “Six Feet Apart” in May 2020. That follows a very successful full studio album (What You See Is What You Get), which entered Billboard 200 at No. 1 in November 2019. This success of his sophomore album points to Combs' proven track record of hits and continued popularity with his loyal fanbase.
While the new songs are not included in this auction, new releases can help boost an artist's back catalog. The release of new music draws discovery among first-time listeners and re-engages existing fans.
This seller's publisher holds a matching right on any sale of the income generated by this catalog. The publisher will have the opportunity to match the winning bid after this auction closes. If you are the winning bidder, the publisher must first decline their matching right before you will be able to complete your purchase. For more information on how the matching right works, please email: email@example.com
About the Royalty Distributor
Kobalt Music Group is an independent rights management and publishing company, acting primarily as an administrative publishing company, not owning any copyrights. Kobalt is trusted by some of the world’s greatest artists, and represents more than 40% of the top 100 songs and albums in the U.S. and U.K.