Pop: New Kids On The Block & More

Bid on songwriter royalties from a diverse pop catalog featuring tracks from New Kids On The Block along with other pop and rock acts.

$24,500

closing price

Auction Closed

Top Bid: Andrew W

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: $12,000
Bidding Increment: $500
Closing Price: $24,500
End Date: Jul 19, 2018, 3:01 PM MDT
Last 12 Months' Royalties: $5,043
Investment Term: 10 years*
Distributors:

ASCAP

Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: August 13, 2018
Distribution Frequency: Quarterly
Relist-Eligible? Yes
Buyer Fees:

$500

* Please see the FAQ tab for more information on the 10-year investment term.

Auction fees are waived on Buy It Now listings

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: ASCAP

Description

Invest in royalties produced by a collection of eclectic pop music. This offering is highlighted by a new release from New Kids On The Block and a track from a rising funk/pop artist.

The highlight of this catalog is the title “One More Night” from the massively popular early 90s group New Kids On The Block. “One More Night” brought in 33% of last year’s income. The song is off the EP Thankful, which peaked at No. 17 on the Billboard 200. The group premiered “One More Night” live on The Late Late Show with James Corden on March 6, 2017.

Also featured is the track “Diggy” from Spencer Ludwig. Released in 2016, “Diggy” was Spencer Ludwig’s first solo single — racking up over 2.7 million Spotify streams to date. The song also enjoyed some prominent TV/Film placements: featured in Target’s “fall style” campaign and in the feature film Happy Death Day, among many others. The song accounts for 26% of the catalog’s income in the last year.

Another title included in this offering is “I Don't Apologize (1,000 Pictures)” from the hard rock group Otherwise. Released in 2012, the track peaked at No. 16 on Billboard’s Mainstream Rock chart. Finally, the song “Energy In Magic” from electronic group Tom & Hills, with nearly three million Spotify spins, is also included.

Key Drivers

Tours and New Music. New Kids On The Block are actively staying in front of their fans with an annual NKOTB Carnival cruise. Spencer Ludwig just dropped a new single in June 2018. Although this title isn’t included in this collection, you can benefit from new exposure to his back catalog that new music provides. Tours/events and new music releases give artists the chance to solidify their current fan base, expand their reach to new listeners, and re-engage their back catalog.

Income Sources. Radio earnings account for 36% of this catalog’s income to date. Although radio royalties are still generated, they could eventually level off. Songs that experience significant radio play can often build a foundation for other types of income.

Case in point: streaming. You'll notice there is a shift in income in the last 12 months when it comes to streaming. Historically, streaming brought in 5% of royalties. In the last 12 months, however, streaming accounted for 7% of royalties. So we're seeing as the radio royalties begin to slow down, other income sources (streaming) begin to increase.

It’s also worth noting this catalog has earned a fair amount of royalties from TV/Film sources. This is due to the songs’ being performed on air during talk shows and other programming.

About the Royalty Distributor

American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’s distribution schedule, click here.

Similar Auctions

Attention

This action is restricted to Royalty Exchange users.
Please, sign in or create a free account to continue.

Sign In Register