Migos' “Fight Night” and More

Earn songwriting royalties from the popular hip-hop track “Fight Night” by Migos.


closing price

Auction Closed

Top Bid: Devon V

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: $12,000
Bidding Increment: $500
Closing Price: $45,000
End Date: Aug 30, 2017, 3:04 PM MDT
Investment Term: Life of author + 70 years
30% of Last 12 Months' Royalties: $4,807
Royalty Type: Public Performance
First Payment: September 2017
Buyer Fees: $500 BMI Payee Account Fee*

*BMI charges a one-time fee of $500 to open a new payee account, which will be debited from the payee's first royalty distribution. Once opened, multiple royalty streams can be routed to the buyer's payee account. If you already have a BMI payee account, there is no fee.


This auction is for 30% of the songwriter's share of public performance royalties for a catalog of songs including “Fight Night” by Migos. 30% of “Fight Night” has earned $24,356 since its release in 2014. The catalog also includes Migos' songs “Birds” and “Where Were You.” In the last 12 months, 30% of all the songs in the catalog earned $4,807.

“Fight Night” makes up 92% of the earnings for this catalog. You'll see in the financials that its earnings spike due to radio play in Q3 2014. Since its radio height, its earnings from streaming have grown, thanks to services like Pandora, Spotify, and YouTube. It currently has over 89 million plays on Spotify, and its official YouTube video has over 22 million views. “Fight Night” was certified gold by the RIAA in May of 2015.

NFL and MLB teams have even played “Fight Night” in stadiums during games. It's interesting to note that these in-stadium plays generate a public performance royalty. In the financial data you'll see earnings from the Dallas Cowboys, New England Patriots, and Boston Red Sox, among others.

Key Drivers

  1. Streaming Growth. Songs that experience significant radio play often build a foundation of streaming income as the radio royalties begin to slow down. This catalog follows that trend, as well as the industry-wide trend of consistent streaming growth. Streaming royalties for this catalog grew 18% in 2016 over 2015, and 311% in 2015 over 2014.
  2. Migos' Popularity and New Releases. Since the release of “Fight Night” in 2014, Migos' popularity has skyrocketed. Their album “Culture,” released in January 2017, was certified platinum by the RIAA in July. Its tracks combine for hundreds of millions of Spotify streams and YouTube views. And their next album, “Culture 2,” is in the works. New albums can help reinvigorate artists' back catalogs, because the release of new music draws interest from first time listeners and also reengages existing fans. To read more about how new releases affect artists' back catalogs, click here.

What is being sold?

30% of the seller's interest in the songwriter's share of public performance royalties attributable to the musical works in the seller's catalog of songs administered by BMI. See the “Financials” tab for a full track list.

How does this asset make money?

Every time “Fight Night” or any song in this catalog, is played on the radio, Pandora, Spotify, YouTube, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is September 2017.

What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Public Performance
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

About the Royalty Distributor

BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers, and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.

Similar Auctions

Check out similar hip-hop assets here:

Recent Hip-Hop Releases

R&B/Pop Catalog Featuring Trey Songz


This action is restricted to Royalty Exchange users.
Please, sign in or create a free account to continue.

Sign In Register