Platinum Hip-Hop Hit “Blasé”

Collect songwriter royalties from the certified Platinum song “Blasé” by hot hip-hop artists Ty Dolla $ign featuring Future & Rae Sremmurd

$15,000

closing price

Auction Closed

Top Bid: A S

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: $5,500
Bidding Increment: $250
Closing Price: $15,000
End Date: Mar 10, 2017, 3:11 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $3,698
Royalty Type: Public Performance
First Payment: March 2017
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

Bid on royalties from a Platinum hit song by popular artists on today's hip-hop scene. This single song auction is for 100% of the songwriter's public performance royalties from "Blasé" by Ty Dolla $ign featuring Future and Rae Sremmurd. Released in June of 2015, the song has earned $3,698 in the last 12 months.

"Blasé" is the second single off of Ty Dolla $ign's debut studio album, Free T. The single is certified Platinum by the Recording Industry Association of America, meaning over a million units have been sold. "Blasé" features Atlanta rapper Future and hip-hop duo Rae Srummurd. Future just made music history on March 6th when Billboard announced he is the first artist in the chart's history to not only achieve two back-to-back number one albums but also to replace himself at the top of the chart. The duo Rae Srummurd came into the spotlight at the end of 2016 with their song “Black Beatles” which spent seven weeks at number one on the Billboard Hot 100 chart. This isn't Ty Dolla $ign's first collaboration with popular artists, he joined Nicki Minaj on Jason Derulo's latest single “Swalla” which was released last month.

"Blasé" is Ty Dolla $ign's third most popular song on Spotify with over 66 million streams and the YouTube video has viewed more than 46 million times. Bid now to earn money every time "Blasé" is streamed on Spotify, YouTube, or any other type of public performance.

What is being sold?

100% of the seller's interest in the songwriter's share of public performance royalties attributable to the musical work "Blasé."

BUYBACK OPTION

The seller has the option to repurchase the royalty share from the winning bidder during the first three years after the sale for 150% of the final auction price.

How does this asset make money?

Every time “Blasé" is played on the radio, iTunes, Pandora, Spotify, or any other type of public performance, you earn royalties. BMI makes payments quarterly and the next BMI 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: 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.

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