No. 1 Country Song: “Suds In The Bucket”

Earn royalites produced by the No. 1 hit “Suds In The Bucket” from country star Sara Evans!

$50,000

closing price

Auction Closed

Top Bid: Aaron W

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: $21,000
Bidding Increment: $500
Closing Price: $50,000
End Date: Jan 19, 2018, 2:30 PM MST
Investment Term: At Least 20 Years (See Note Below)
Last 12 Months' Royalties: $5,813
Royalty Type: Public Performance
First Payment: March 2018
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.

Description

This single song auction features the royalties from the Gold-certified No. 1 hit “Suds In The Bucket,” by award-winning country artist Sara Evans. This chart-topping track earned $5,813 over the last four quarters.

Released in 2003, “Suds In The Bucket” was the third single from Sara Evans' fourth album Restless. “Suds In The Bucket” became No. 1 on Billboard's Hot Country Songs, Evans' third No. 1 single on that chart. The track was Gold-certified, cracked the mainstream pop Billboard Hot 100 at No. 33 and No. 8 on Billboard's Hot Country Songs of 2004. As for the album, Restless was certified Platinum and charted at No. 3 on Billboard's Top Country Albums for the year. In 2006, Evans also won the Top Female Vocalist award from the Academy of Country Music.

Radio is the largest source of income for “Suds In The Bucket” with 88% of earnings. What's rather remarkable is that “Suds In The Bucket” was released 15 years ago and it still receives notable radio play. For the last three years, quarterly radio royalties have averaged over $1,000.

Speaking to the continued popularity of the song, it also earns from performances on TV. “Suds In The Bucket” is still performed on talent and singing competitions, most recently on The Voice, in addition to American Idol, Nashville Star and Dancing With The Stars. Each time this song is performed on TV — whether in a scripted TV series, performed by a contestant, or used in a dancing competition — you'll earn royalties!

Key Drivers

Country Music & Radio. Country music is an American sensation and it has become incredibly popular over the last decade — especially on the radio. According to a Nielsen report, country music is No. 1 in total radio listeners for the eighth consecutive year as a genre. The report states that 13.6% of all radio listening in the U.S. was on a country-formatted station.

“Suds In The Bucket” has enjoyed strong radio play since its release and still continues to produce consistent earnings. This again speaks to country music's popularity and dominance on the radio. Radio royalties don't tend to level off as quickly with a popular country song, compared to other genres. As the winning bidder, you'll collect the incoming radio royalties going forward.

Songs that receive considerable radio play often build a foundation of streaming and other types of income as the radio royalties winds down. Historically, streaming has made up only 2% of “Suds In The Bucket”'s royalties. However, in the last four quarters streaming has grown 20%.

Publisher Involvement. One attractive aspect is the publisher for “Suds In The Bucket,” is still actively pitching it for future placements in commercials, TV series, films, etc.

What this means for you as an investor, is if the song receives a placement in a future series or commercial and it airs on TV, you'll collect the public performance royalties while the publisher retains the upfront sync fees.

Finally, as a unique and exciting memento, the publisher would like to include an official Platinum RIAA-certified award plaque for the winner of this auction!

A NOTE ABOUT INVESTMENT TERM

The investment term is “at least 20 years” because U.S. copyright law gives artists and songwriters the right to terminate a copyright assignment after 35 years. “Suds in the Bucket” was written in 2003. Because this royalty stream is for the publisher's share of public performance royalties, the songwriter(s) will have the right to terminate the copyright assignment and collect all publishing income beginning in 2038. Click here to learn more about copyright termination.

What is being sold?

100% of the seller's interest in the publisher's share of domestic (U.S.) public performance royalties attributable to the musical composition "Suds In The Bucket" (BMI Work ID # 6259937).

How does this asset make money?

Every time "Suds In The Bucket" is played on the on the radio, Sirius XM or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is March 2018.

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

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

Attention

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

Sign In Register