No. 1 Hit: "If You're Gonna Play In Texas"

Invest in royalties generated by the classic country song “If You’re Gonna Play In Texas,” from southern rock band Alabama.

$25,000

closing price

Auction Closed

Top Bid: C F

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: $17,000
Bidding Increment: $500
Closing Price: $25,000
End Date: Jul 18, 2018, 3:00 PM MDT
Last 12 Months' Royalties: $4,613
Investment Term: 10 years*
Distributors: BMI
Rights Included:

Public Performance 

Interests Included:

Songwriter (World)

Track List:

“If You're Gonna Play In Texas” (BMI Work ID # 709709)

First Distribution: September 14, 2018
Distribution Frequency: Quarterly
Relist-Eligible? Yes
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

Opportunities to own royalty streams for classic songs by legendary artists do not come around often. This is one of those rare opportunities.

Alabama's “If You're Gonna Play in Texas (You Gotta Have a Fiddle in the Band)” is a country music classic, and has been earning royalties since 1984. After more than 30 years, “If You're Gonna Play in Texas” still has consistent earnings and notably, still generates radio royalties. It has also benefited from recent growth in streaming.

“If You're Gonna Play in Texas” was an instant country hit. It was released in July 1984 and reached No.1 on Billboard's Hot Country Songs chart in October. The song also became Alabama's 14th consecutive No. 1 single on the Billboard country chart. “If You’re Gonna Play In Texas” was released as the third single on Alabama's album Roll On, which went on to reach quadruple-Platinum status. It also appears on Alabama's Greatest Hits Vol. III.

Key Drivers

Band & Song Longevity. “If You're Gonna Play in Texas” has been earning for 34 years and the track still continues to produce consistent earnings. Alabama has amassed over 40 No. 1 hit singles (on a variety of industry charts) and 12 top-10 albums, including 10 that peaked at No. 1 on Billboard's Top Country Albums chart. “If You’re Gonna Play In Texas” and the band itself still resonate with listeners. Case and point: nearly 50 years after the group Alabama was formed, the band is actively touring through November 2018.

Country Music & Radio. Country music’s already massive popularity has only grown over the last decade, particularly on radio. According to a recent Nielsen report, country is the top-ranked radio format compared to the nation’s radio audience as a whole, and the second-ranked music format when limited to the top markets only. “If You’re Gonna Play In Texas” is still enjoying radio play since its release in 1984. This again speaks to country music's popularity and dominance on the radio.

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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