Reggaetón Songs by Popular Latin Artists
Highlighted by the hit song “Soledad” by Don Omar
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: | $8,000 |
| Bidding Increment: | $250 |
| Closing Price: | $24,500 |
| End Date: | Nov 10, 2016, 3:14 PM MST |
| Investment Term: | Life of author + 70 years |
| Last 12 Months' Royalties: | $4,298 |
| Royalty Type: | Public Performance |
| First Payment: | January 2017 |
| Fees: | $75 ASCAP Assignment Fee |
Description
Reggaetón music is on the rise, and today is drawing a larger audience than any other Latin genre. A genre of music originating from Puerto Rico during the late 1990s, reggaetón draws influence from hip-hop as well as musical genres across Latin America and the Caribbean. Up for auction is the songwriter's share of public performance royalties for a catalog of reggaetón music that includes songs by major Latin artists such as Don Omar, Tony Dize, Nicky Jam and Yandel.
In the last 12 months, this catalog earned $4,298. The top earner of this catalog is the 2015 hit 'Soledad' by Don Omar. 'Soledad' reached number one on the Latin Airplay charts when released and is on the Grammy-nominated album The Last Don II. Earn money every time 'Soledad,' or any other song in this catalog is played.
What is being sold?
100% of the seller's interest in the songwriter's share of public performance royalties attributable to a selection of musical works in the seller's ASCAP catalog. See the Track List in the “Financials” tab.
IMPORTANT NOTE: Possession of the songwriter’s portion of this asset must be taken via a trust, which is required due to ASCAP’s assignment policy. Please see the Post-Auction Process tab for further information.
How does this asset make money?
Every time “Soledad,” or any other song in this catalog, is played on iTunes, Pandora, Spotify, or any other type of public performance, you earn royalties. ASCAP makes payments quarterly and the next ASCAP domestic royalties payment is scheduled for January 2017 and the international royalties payment is scheduled for February 2017.
What rights are included?
About the Royalty Distributor
ASCAP is the American Society of Composers, Authors and Publishers (ASCAP), a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. Through agreements with affiliated international societies, ASCAP also represents hundreds of thousands of music creators worldwide.