R&B From Whitney Houston & Keisha Cole

Invest in this collection featuring a hit from legendary R&B/pop vocalist Whitney Houston!

 

$11,900

closing price

Auction Closed

Top Bid: Andreas H

The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.

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: $5,000
Bidding Increment: $150
Closing Price: $11,900
End Date: Feb 07, 2019, 1:30 PM MST
Last 12 Months' Royalties: $1,475
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: February 11, 2019
Distribution Frequency: Quarterly
Buyer Fees:

$500

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

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What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Rights:
Mechanical
Public Performance
Sync
Sales
Non-Interactive 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

Here’s an opportunity to collect royalties from a catalog featuring music from pop/R&B icon Whitney Houston.

The offering’s crown jewel is “Whatchulookinat” from Whitney Houston’s 2002 album Just Whitney. Bringing in 50% of earnings in the last year, the song enjoyed worldwide success, peaking inside the top 40 in most countries. The track also hit No. 1 on Billboard’s Dance/Club Singles chart.

As a result of the global popularity of “Whatchulookinat,” this catalog earns primarily from international sources with 55% of royalties in the last year. Domestic streaming is the second highest-earning source — with 45% of income in the last 12 months. These streaming earnings are on the rise, up 12% in the last year.

Finally, not to be overlooked is the 2007 single “Falling Out” from Keyshia Cole. The song is off Just Like You, Keyshia Cole’s best-selling album to date, which was also nominated for Best Contemporary R&B Album at the 50th Annual Grammy Awards. “Falling Out” brings 49% of the last year’s income and is seeing a healthy 9% growth rate compared to the previous year.

Key Drivers

Song Age. Industrywide, “Deep Catalog” (music released more than 3 years ago) represents 50% of music streamed today. Impressively, this collection of songs aligns with this trend. The highest-earning track in the catalog — “Whatchulookinat” — was released nearly 17 years ago. And yet, the song is still continuing to generate royalties, especially abroad. Right behind it is “Falling Out” which was released in 2007. A catalog containing more mature works is something that is worth noting as an investor.

Featured Artist. Whitney Houston is an eight-time Grammy-winner and is one of the best-selling artists of all-time, with 200 million records sold worldwide. Her presence still continues after her 2008 passing, with many projects highlighting her life—most recently the British documentary Whitney, released in July 2018.

International Payments. As this catalog’s top-earning track “Whatchulookinat” was a global hit, it is no surprise the majority of this offering’s earnings come from abroad — at 61% of historical earnings. These international earnings often include income from radio, streaming platforms, and TV/Film.

International royalty distribution can lag behind domestic payments and arrive with limited detail. You’ll notice spikes in the catalog’s income as a result, for example in Q2-2018 a large payment from Italy for the title "Whatchulookinat." The winning bidder will be entitled to any past performance royalties paid by ASCAP, regardless of when they were earned.

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.

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