Multi-Platinum Pop Songwriting Royalties

Bid on over 5-year-old public performance royalties from these alt-pop hits highlighted by the triple-Platinum single, “Cool Kids.”

$262,000

closing price

Auction Closed

Top Bid: Andrew C

The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.

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: $210,000
Bidding Increment: $6,500
Closing Price: $262,000
End Date: Sep 05, 2019, 3:16 PM MDT
Dollar Age:

5.21 Years

Last 12 Months' Royalties: $66,251
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: October 7, 2019
Distribution Frequency: Quarterly
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: ASCAP

Description

These songwriter earnings boast a Dollar Age of over 5 years and are generated by pop songs from the multi-Platinum band Echosmith.

The top-producing tracks were released between 2013 and 2018, providing a diverse income mix between newer and more mature releases. Echosmith’s debut, Gold-certified album Talking Dreams is the foundation of this offering — all twelve songs from the album are included. Also featured are the eight tracks from the band’s 2017 Inside a Dream EP along with a 2018 single.

The catalog's highest-earning work is Echosmith’s most popular single — the triple Platinum smash “Cool Kids.” The hit song peaked at No. 13 on Billboard’s Hot 100, No. 9 on Mainstream Top 40 (among other Billboard positions), along with successfully charting in 23 other countries. To date, “Cool Kids” has a staggering 327+ million spins on Spotify, while the music video has nearly 117 million views on YouTube.

As a result of Echosmith’s global popularity, the majority of income comes from international sources, with 75% of royalties in the last 12 months. These international earnings come from upwards of 76 countries and are also seeing the second-best year-over-year stability.

Also off their debut album is the Platinum-certified “Bright,” which charted on multiple Billboard charts, and “Come Together.” Collectively, the two tracks brought in 18% of last year’s income. Finally, 2018’s “Over My Head” and “Goodbye” from Inside A Dream EP round out the top songs.

Echosmith is still actively producing new music. Recently, they released a collaboration single with contemporary Christian duo For King & Country and legendary hip-hop producer Timbaland. The band also plans to release new material in the near future. The release of new music can lead to discovery among first-time listeners, re-engage existing fans, and boost an artist’s back catalog.

Key Drivers

Dollar Age. This collection of songs has a Dollar Age of 5.21. In this case specifically, the Dollar Age demonstrates a diverse income mix between new(er) releases and more mature works.

The three highest-earning tracks — “Cool Kids,” Come Together,” and “Bright”— were released all released in 2013. These songs can also balance the volatility of a newer releases’ earnings, such as the 2017 releases from Inside A Dream EP.

A catalog containing mature works is something worth noting as an investor. This can help sustain a catalog's earnings moving forward.

Continued Relevance: Echosmith is a multi-Platinum selling band that has a vibrant fanbase. With the success of their debut album Talking Dreams, the group shot to pop stardom with rave reviews from Rolling Stone, Teen Vogue, and ELLE, and have performed on TV programs like Ellen, Late Night with Seth Meyers, American Idol, The Tonight Show With Jimmy Fallon, to name a few. The band has also embarked on two headlining tours, along with numerous co-headlining tours.

In June 2019, Echosmith was featured in a collaboration single “God Only Knows” with contemporary Christian duo For King & Country and legendary hip-hop producer Timbaland. The band also plans to release new material in the near future. While the new releases are not part of this offering, new material can help boost an artist's back catalog. The release of new music can lead to discovery among first-time listeners, and re-engage existing fans.

About the Royalty Distributor

American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’s distribution schedule, click here.

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