Rock Catalog including Korn and Black Veil Brides

Consistent royalties from rock music by award winning artists

$31,000

closing price

Auction Closed

Top Bid: DAVID G

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: $25,000
Bidding Increment: $500
Closing Price: $31,000
End Date: Dec 19, 2016, 3:04 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $6,186
Royalty Type: Public Performance
First Payment: January 2017
Fees: $75 ASCAP Assignment Fee

Description

Bid on a catalog of rock music that has consistently earned over $1,000 a quarter over the last two years. In the last 12 months, this asset generated $6,186 in royalties. Up for auction is 100% of the songwriter's share of public performance royalties for songs by Korn, Black Veil Brides, Sugar Ray, Good Charlotte and more.

This catalog is highlighted by Korn's “Narcissistic Cannibal” featuring Skrillex and Kill the Noise. Korn has earned two Grammy Awards out of seven nominations and is considered one of today's most influential rock bands. The song is off of the album The Path of Totality which debuted atop the Billboard Dance/Electronic chart and was their 11th LP to arrive in the Top Ten of the Billboard 200. “Narcissistic Cannibal” continues to be popular since it's release in 2011. Today, it has over 31 million YouTube views and has seen a uptick in views since 2014.

Other top earners in this catalog include songs by the Black Veil Brides, a rock band who has won multiple awards at the Kerrang! Awards. The Kerrang! Awards is an annual music awards show in the UK put on by Kerrang!, an established UK-based magazine devoted to rock music.

BIGGEST LEVERAGE POINTS FOR INVESTORS:

  1. Narcissistic Cannibal and the three Black Veil Brides songs consistently make up over 50% of the catalog's total earnings. Earnings from each of these songs have leveled out since their release over 5 years ago. This provides a stable foundation for the catalog to generate earnings long into the future.
  2. The song “Triumphant” was placed in a Budweiser holiday commercial in 2015 and has paid out more than $1,400 in the last two quarters. The commercial aired on over 20 networks.

What is being sold?

100% of 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 “Financials” tab for a full track list. 

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 “Narcissistic Cannibal,” 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 next international royalties payment is scheduled for November 2016.

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 (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.

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