R&B: Trey Songz, Boyz II Men & More

Earn royalties from R&B hits performed by Trey Songz, Tank, and Boyz II Men.

$11,500

closing price

Auction Closed

Top Bid: First C

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: $8,500
Bidding Increment: $250
Closing Price: $11,500
End Date: Apr 16, 2018, 3:00 PM MDT
Investment Term: 10 years*
Last 12 Months' Royalties: $2,539
Royalty Type: Public Performance
First Payment: May 2018
Buyer Fees: None

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

Description

Bid to collect songwriter royalties from a catalog featuring music from well-known R&B stars. The foundation of this collection is the track “Smartphones” performed by Trey Songz, but it also includes a title from R&B veteran Tank and a song from the 4x Grammy-winning group Boyz II Men! Over the last 12 months, this catalog earned $2,539 in royalties.

Trey Songz’s “Smartphones” is the highest-earning song in this offering with 67% of historic royalties. Released in 2014, the track is the second single from Trey Songz’s Platinum-selling album Trigga. “Smartphones” peaked at No. 35 on Billboard's Hot R&B/Hip-Hop, while the album Trigga hit No. 1 on the Billboard 200.

Also included in the catalog is “You Don’t Know” performed by Tank, featuring hip-hop artist Wale. The title has brought in 46% of earnings in the last 12 months, making it the second highest-earning song. Not to be forgotten is “Better Half” from Boyz II Men’s eleventh studio album Collide.

Radio is the largest income source for this catalog both historically and in the last year -- 59% and 38% respectively. But streaming is on the rise and brought in 36% of royalties over the last four quarters. 

Key Drivers

Income Sources. Radio is the largest source of revenue for this catalog, accounting for 38% of royalties in the last 12 months. Although the radio royalties are still being 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 22% of royalties. In the last 12 months, however, streaming accounted for 36% of royalties. So as we're seeing as the radio royalties begin to slow down, other income sources (streaming) begin to increase.

Tour & New Releases. Tank is currently touring with dates through April 2018, and also just dropped a new single last month. Meanwhile, Boyz II Men is actively staying in front of their fans with a Las Vegas Residency at The Mirage. Tours and new releases give artists the chance to solidify their current fan base and expand their reach to new listeners.

Right of First Refusal

It’s important to know that the seller’s publisher holds a right of refusal on any sale of the seller’s public performance income. The publisher will have the opportunity to exercise it after this auction closes, in the amount of the final winning bid price. This means that if you are the winning bidder, the publisher must first decline their matching right before you will be able to complete your purchase.

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 administered by ASCAP. See the “Financials” tab for a full track list.

How does this asset make money?

Every time “Smartphones” or any song in this catalog, is played on the radio, Sirus XM, Spotify or any other type of public performance, you earn royalties.

Royalty Exchange will administer quarterly payments from ASCAP. The next ASCAP distribution will be in May 2018, disbursed to you by Royalty Exchange in June 2018.

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

About the Royalty Distributor

ASCAP is the American Society of Composers, Authors and Publishers. It is a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. ASCAP also represents music creators worldwide through agreements with affiliated international societies.

 

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