Robert Miles' Platinum #1 Hit “Children”

It's still earning significant royalties more than 20 years after its release.

$70,000

closing price

Auction Closed

Top Bid: Stephen F

Overview

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: $60,000
Bidding Increment: $1,000
Closing Price: $70,000
End Date: Dec 30, 2016, 3:04 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $11,951
Royalty Type: Sound Recording
First Payment: April 2017
Fees: None

Description

Robert Miles is considered a pioneer in the dream trance genre, and his first single “Children” was a crossover pop hit in 1996, reaching #1 on charts all over Europe. More than 20 years later, the song is still earning royalties. In fact, in the first half of 2016 “Children” earned $3,060.94 through sales, downloads, and streaming.

You can begin earning the artist's share of royalties for “Children,” along with the other tracks from Robert Miles' first two albums, Dreamland and 23am, with the next royalty check in April 2017. Dreamland, which was certified gold in the U.S. and platinum in countries across Europe, celebrated its 20th anniversary this year with a new remastered deluxe edition released in November.

So not only can you benefit from the longevity and continued success of Dreamland, but you'll also benefit by earning royalties from its new remastered release, which is available in major digital music outlets like iTunes, Google Music, and Spotify. Because the remastered version was released in November and the most recent royalty payment covered only the first half of 2016, you'll receive the first royalties for sales, downloads, and streaming of the remastered version. You can listen to the new release on Spotify, and Beatport.

Although “Children” is the biggest royalty earner for this catalog, other notable earners from Dreamland are Fable,” which was used in the trailer for the Drew Barrymore movie Ever After, and “One & One,” another track from Dreamland that reached #1 on the U.S. dance charts.

What is being sold?

You'll own 100% of the seller's interest in the artist's share of sales revenue and digital interactive streaming royalties attributable to the sound recordings from Robert Miles' albums Dreamland and 23am. You can review a list of tracks in the “Downloads” tab.

How does this asset make money?

You'll earn money every time a digital or physical copy of “Children” or any of the other tracks in this catalog is sold or streamed “on demand” via Spotify, Apple Music, Google Music, YouTube, etc. Royalties are distributed by the label, Smilax, on a bi-annual basis in April and October. You'll be entitled to the next payment, which will be made in April 2017.

What rights are included?

  Musical Composition Sound Recording
Copyright included: No
Rights:
Mechanical
Performance
Synch
Sales
Performance
Synch
Royalty Sources: Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. Interactive Streaming, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributed by: Smilax

 

About the seller

Robert Miles began his career DJing in clubs and on the radio in northern Italy before being catapulted to worldwide fame with his million selling dream-house anthem "Children."

Robert's music continues to resonate today, with major label Sony's continued use of tracks from this catalog in compilation albums. Last year, Pete Tong, an English DJ for BBC Radio 1, included "Children" in his orchestral tribute to Ibiza classics.

Robert has continued pioneering in the music industry through his founding of OpenLab, a forward-thinking multimedia company led by OpenLab Radio, featuring the best in indie, electronica, alternative, ambient, experimental, chill-out, soul, singer-songwriter and jazz music.

About the Royalty Distributor

Smilax, an Italian record label and publisher that started in 2005, collaborates with both independent and major labels to license and distribute its catalog worldwide in physical and digital outlets. It continues to find new monetization outlets for its recordings by packaging them in compilation albums around the world.

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