Pop and R&B: Shakira & Jamie Foxx
Collect 50% of the seller's songwriting interest of public performance royalties from a catalog of Pop and R&B including Shakira's chart topping dance hit “Dare (La La La)” and Jamie Foxx's Grammy winning “Blame It” featuring T-Pain.
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.
|End Date:||Jul 25, 2017, 3:01 PM MDT|
|Investment Term:||Life of author + 70 years|
|50% of Last 12 Months' Royalties:||$16,681|
|Royalty Type:||Public Performance|
|First Payment:||September 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.
Earn public performance royalties from this catalog of R&B and Pop music driven by hit songs from Shakira and Jamie Foxx. Annual royalties for this catalog have grown since 2013. So the 50% of last year's total earnings available in this listing came to $16,681.
Making up 52% of the catalog's earnings is dance hit “Dare (La La La)” by global pop superstar Shakira. Released in 2014, this song charted in 25 different countries and reached No. 1 on six different charts (including Billboard's US Dance Club Songs). Shakira is ranked 38th in the world on Spotify with over 21 million monthly listeners. “Dare (La La La)” has nearly 35 million plays and the video has 71.5 million YouTube views.
Grammy-winning “Blame It” (also known as "Blame It (On the Alcohol)") by singer/actor Jamie Foxx contributes 41% of the earnings. The song, featuring T-Pain, was released in 2008 and rose rapidly to the top spot on Billboard's Hot R&B/Hip-Hop Songs chart, where it remained for 14 weeks. “Blame It” received many accolades and nominations, including a win for Best R&B Performance by a Duo at the 52nd Grammy Awards. BET named it their No. 1 music video for 2009. Today, seven years after its release, “Blame It” is Foxx's second most popular Spotify song and continues to get radio airplay.
1) Annual royalties have grown since 2013. This is due to a big increase in international payments in recent years, with royalties coming from more than 70 countries. The two top earning songs featured in this catalog, “Dare (La La La)” and “Blame It,” make up 93% of the total earnings. And royalties for both songs grew in 2016 over 2015, “Dare (La La La)” increasing 10% and “Blame It” 43%.
2) Shakira is a global pop superstar with an enormous reach. She is one of the best selling Latin artists of all time, with five MTV Video Music Awards, two Grammy Awards, eight Latin Grammy Awards, seven Billboard Music Awards, 28 Billboard Latin Music Awards and a nomination for a Golden Globe.
What is being sold?
50% of the seller's interest in the songwriter's share of public performance royalties attributable to the seller's catalog of musical works. See the “Financials” tab for a full track list.
How does this asset make money?
Every time “Dare La La” or any song in this catalog, is played on the radio, streamed on Pandora or any other type of public performance, you earn royalties. BMI makes payments quarterly and the first distribution you will receive is September 2017.
What rights are included?
|Musical Composition||Sound Recording|
|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.|
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.