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:||May 03, 2018, 3:03 PM MDT|
|Investment Term:||10 years*|
|Last 12 Months' Royalties:||$2,781|
|Royalty Type:||Public Performance|
|First Payment:||June 2018|
*Please see the FAQ tab for more information on the 10-year investment term.
Collect songwriter royalties from a catalog that includes songs performed by well-known superstars as well as rising artists. The foundation of this collection is the track “Foreign” performed by Trey Songz, but it also includes songs from up-and-coming vocalist Justine Skye, a title from Grammy-nominated Jeremih and a remix with Justin Bieber. Over the last four quarters, this asset has generated $2,781 in royalties.
Released in 2014, “Foreign” is the third single from Trey Songz sixth studio album Trigga. The song peaked at No. 25 on Billboard Hot R&B/Hip-Hop Songs and No. 84 on the Hot 100 chart. “Foreign” accounts for 70% of the catalog's historic earnings. The track also has an official remix that features Canadian pop superstar Justin Bieber. That version brings in 12% of the catalog's income in the last year. As the winner of this auction, you'll collect royalties for the original version, as well as the remix.
The catalog also features “I'm Yours” and “Bandit” from Justine Skye, both of which come from her album Emotionally Unavailable. Skye is an emerging young vocalist who recently signed with Jay Z's label Roc Nation. “Bandit” was also used in an episode of the sixth season of VH1's “Love and Hip Hop.” This means every time that episode airs with "Bandit," you'll receive a royalty. Combined the two titles "I'm Yours" and "Bandit," account for 21% of the catalog's income to date.
Finally, this collection of music also features the mixtape track “Czech Republic” from Jeremih.
According to BuzzAngle’s 2017 Music Report: Urban music (Hip-Hop/Rap and R&B) was the most streamed genre in 2017, accounting for 32% of all streams. For this R&B catalog, streaming sources account for the majority of the catalog's income in the last year -- with 48% of last year's royalties.
You'll also notice there is a shift in income in the last 12 months when it comes to streaming. Historically, streaming brought in 37% of royalties. But again, in the last 12 months, streaming accounted for 48% of royalties. So as we're seeing as the radio royalties begin to slow down, other income sources (streaming) begin to increase.
What is being sold?
10 years of payments derived from 100% 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 “Foreign” or any song in this catalog, is played on the radio, Sirius XM, Pandora, or any other type of public performance, you earn royalties.
Royalty Exchange will administer quarterly payments from BMI. The next BMI distribution will be in June 2018, disbursed to you by Royalty Exchange in July 2018.
Unless the buyer opts out of the opportunity, this listing will automatically be relisted as a "Buy It Now" sale at a premium over the closing price. The relisted asset will remain live until it is purchased, or until its first royalty distribution. This gives the winning bidder the chance to earn an immediate return on the asset while awaiting the first royalty payment.
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.