Platinum, Grammy-Nominated “Lotus Flower Bomb”

Collect sales and streaming royalties for the hit rap song “Lotus Flower Bomb” by Wale feat. Miguel.

$36,000

closing price

Auction Closed

Top Bid: DAVID G

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: $15,000
Bidding Increment: $500
Closing Price: $36,000
End Date: Dec 02, 2016, 3:23 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $5,331
Royalty Type: Sound Recording
First Payment: March 2017
Fees: None

Description

Here is the rare chance to collect record label royalties from a hit #1 song. Royalties for this song have increased in each of the last three distribution periods. In fact, the most recent payment was the largest since the song's peak in 2012. In the last 12 months, the song has generated $5,331.

“Lotus Flower Bomb” by Wale feat. Miguel hit #1 on Billboard's Hot R&B/Hip-Hop Songs in late 2011 and was nominated for Best Rap Song at the 55th Grammy Awards. The song was released in 2011 as the lead single from Wale's second studio album Ambition and the single reached platinum status, meaning over 1 million copies were sold. Today, Wale has over 3.5 million listeners on Spotify and “Lotus Flower Bomb” is his third-most-played song. The song's YouTube video has been viewed over 28 million times.

Up for auction is 100% the seller's interest in the producer's share of sales and digital streaming royalties for this hit song. Artists and producers earn royalties from their record label for physical sales of music (think CD or vinyl) and also when music is streamed “on-demand” on sources like Spotify and Apple Music. Warner Music Group will distribute the royalties to the winner of this auction on a biannual basis, beginning in March 2017.

What is being sold?

100% of the seller's interest in the producer's share of sales and digital streaming royalties attributable to the sound recording copyright in the musical work "Lotus Flower Bomb," performed by Wale feat. Miguel.

How does this asset make money?

Earn money every time a physical or digital copy of “Lotus Flower Bomb” is sold, and every time the song is streamed “on demand” via Spotify, Apple Music, Amazon Digital Services, YouTube, etc.

What rights are included?

About the Royalty Distributor

Warner Music Group is the world's third-largest recorded music business and third-largest music publishing business. Warner Music Group is a global leader in national and international repertoire and home to some of the best-known labels in the recorded music industry. In addition to its U.S. labels, WMG operates through numerous affiliates and licensees in more than 50 countries.

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