Matoma & Gia “Heart Won’t Forget”

This single-song auction features hit dance/electronic track “Heart Won’t Forget” from Norwegian DJ Matoma featuring Gia.

$8,050

closing price

Auction Closed

Top Bid: frank b

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: $4,800
Bidding Increment: $250
Closing Price: $8,050
End Date: Nov 14, 2018, 1:00 PM MST
Last 12 Months' Royalties: $2,487
Investment Term: 10 years*
Distributors: BMI
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: January 18, 2019
Distribution Frequency: Quarterly
Relist-Eligible?

No

Buyer Fees:

$500

* 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
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
Non-Interactive Streaming
Sync
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.
Distributors: BMI

Description

Up for auction is the single track “Heart Won’t Forget” from the internationally recognized Norwegian Tropical House DJ Matoma and featured collaborator Gia. In the last 12 months alone, this track collected nearly $2,500 in earnings.

Since its release in 2016, “Heart Won’t Forget” has shown impressive quarterly growth driven predominantly by international sources. Overseas earnings drive the success behind the track. The top countries include Norway, the UK, Finland, among dozens more.

Key Drivers

International. The majority of this catalog’s earnings come from abroad — at 81% 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.

Streaming. Any time “Heart Won’t Forget” is streamed on Spotify, Pandora, or Apple Music, you earn! On the streaming platform Spotify, artist Matoma has over 7.7 million monthly listeners, ranking in the top 500 in the world. The track “Heart Won’t Forget” itself has over 32 million streams and counting.

New Releases. Matoma just recently released a new album One in a Million in August of 2018. 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.

Tour. Matoma is currently touring with dates through December 29, 2018. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners.

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.

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