Platinum, #1 Country Hit “Angel Eyes”

Collect publisher royalties from the #1 country song “Angel Eyes” by Love and Theft.

$17,250

closing price

Auction Closed

Top Bid: Peter H

Overview

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: $10,500
Bidding Increment: $250
Closing Price: $17,250
End Date: Mar 21, 2017, 3:05 PM MDT
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $3,517
Royalty Type: Public Performance
First Payment: March 2017
Fees: $75 ASCAP Assignment Fee & $50 Account Set Up Fee

Assignment of publisher royalties must be assigned to an ASCAP publisher account. ASCAP charges a $50 setup fee to create an account.

Description

Invest in royalties from a Platinum, number one country hit, “Angel Eyes,” by the duo Love and Theft. A number one hit when released more than 5 years ago, the song continues to get radio airplay today. In the last 12 months, this asset generated $3,517 in royalties.

Up for auction is 100% of the publisher's share of public performance royalties for “Angel Eyes.” The song was released in 2011, becoming Love and Theft's first number one on Billboard's Hot Country Songs chart. The song saw crossover success as well, reaching number 32 on the Billboard Hot 100. In 2013, the song received Platinum certification from the Recording Industry Association of America, meaning over 1 million units were sold.

Today, “Angel Eyes” continues to get radio play, which is the biggest source of income for this song. Streaming comes in second - “Angel Eyes” is Love and Theft's number one song on Spotify and the YouTube video continues to be popular two years after it was published on the group's YouTube channel. The song has over 23 million streams on Spotify and more than 1.6 million YouTube views. The daily video views have been rising since 2015 and views increased significantly at the beginning of 2017.

Love and Theft just released their latest single this past week and they are actively touring. Since “Angel Eyes” is their biggest hit, they typically perform it at every show. Bid now to earn money every time this song is played on the radio, streamed, or any other type of public performance.

What is being sold?

100% of the seller's interest in the publisher's share of public performance royalties attributable to the musical composition "Angel Eyes" administered by ASCAP.

How does this asset make money?

Every time “Angel Eyes” is played on iTunes, Pandora, Spotify, or any other type of public performance, you earn royalties. ASCAP makes payments quarterly and the next ASCAP distribution is March 2017.

What rights are included?

  Musical Composition Sound Recording
Copyright included: No
Rights:
Mechanical
Performance
Synch
Sales
Performance
Synch
Royalty 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.
Distributed by: ASCAP

About the Royalty Distributor

ASCAP is the American Society of Composers, Authors and Publishers (ASCAP), a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. Through agreements with affiliated international societies, ASCAP also represents hundreds of thousands of music creators worldwide.

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