Performance Royalties: Meek Mill’s “Believe It”

Stable streaming royalties drive the earnings for this single-song listing.

$13,400

closing price

Auction Closed

Top Bid: Joseph D

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: $5,000
Bidding Increment: $150
Closing Price: $13,400
End Date: Feb 21, 2020, 2:00 PM MST
Dollar Age:

6.85 Years

Last 12 Months' Royalties:

$1,548

Investment Term: Life of author + 70 years
Distributors: BMI
Rights Included:

Public Performance

Interests Included:

Publisher (U.S. Only)

Track List:

Track List

First Distribution (paid 30 days from receipt):

March 20, 2020

Distribution Frequency: Quarterly
Buyer Fees:

1% of closing price or $500 (whichever is greater)

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
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

Here’s an opportunity to acquire public performance royalties to a single song—”Believe It” by renowned hip-hop artist Meek Mill, featuring Rick Ross

LISTING HIGHLIGHTS:

  • Established Track: “Believe It”  was released six years ago and still generates meaningful royalties. 
  • Streaming-Driven: Streaming is the dominant source of royalties, which aligns with industry trends. 
  • Popular Artist: Meek Mill remains a highly relevant artist still releasing new music, which lends momentum to older releases like this.  

FINANCIAL HIGHLIGHTS:

The largest source of income for this song is also the most stable—digital streaming. Overall earnings over the last three years have remained consistent year-over-year. 

ABOUT THE SONG

Meek Mill’s  "Believe It" featuring Rick Ross was released in 2013, and peaked at  No. 38 on Billboard’sHot R&B/Hip-Hop Songs chart.  The song is the fourth and final single released from the album “Dreams and Nightmares” which earned a Gold certification by the RIAA.

Key Drivers

Dollar Age. “Believe It” was released in 2013, meaning it has a Dollar Age of 6.85 years. A high Dollar Age like this suggests stability and longevity — proven here with stready income over the last three years. A catalog containing mature works with consistency is something worth noting as an investor. This can help sustain a catalog's earnings moving forward.

Hip-Hop & Streaming. This offering is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2019 Year-End Report, hip-hop is the most popular genre of music in the U.S. The driver for the increase is streaming. Six out of the top 10 streamed songs were hip-hop/rap and 52 out of the top 100 most streamed songs were hip-hop/rap.

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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