Pop Songs Including “Wings” by Little Mix

The catalog available for auction has a diverse mix of songs including a hit by Little Mix called "Wings," which has gone triple platinum in Australia and has over 149 million YouTube views. 
 

$17,750

closing price

Auction Closed

Top Bid: Josh 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: $5,000
Bidding Increment: $250
Closing Price: $17,750
End Date: Aug 09, 2016, 3:00 PM MDT
Investment Term: Life of author + 70 years
Royalty Type: Public Performance
Fees: $500 or $49/year*
Past 12 Month's Royalties $2,059

*BMI's fee to create a new payee account is $500. Royalty Exchange will happily administer these royalties so you don't have to create an account. That service costs $49/year.

Description

This auction is for 50% of the seller’s interest in the songwriter’s share of the public performance royalties attributable to a collection of R&B and Pop songs in the seller’s BMI catalog. An interesting feature of this auction is that it includes the newly released song “Something New” performed by Zendaya ft. Chris Brown. Even though this asset's songwriting share of “Something New”is small (2.33%), it is important to note that the winner will be the first to collect the song's royalties.

The catalog available for auction is a diverse mix of songs. The hits include “Wings” by Little Mix, a group with strong international popularity. “Wings” has gone triple platinum in Australia and has over 149 million YouTube views. Zendaya is an up-and-coming artist who is following the career track of Britney Spears and Miley Cyrus as she transitions from Disney star to pop music star. Finally, the song that generated the most royalties for this asset in 2015 was “Papi” performed by Jon Hart featuring Baby Bash and Baeza.

BMI will distribute the royalties to the winner of this auction on a quarterly basis. The winner of the auction will receive the first royalty check in Q3 (September 2016). This asset has generated $2,059.08 in the most recent 4 quarters of statements, and more detailed financial information can be found in the “Financials” tab below.
 

What is being sold?

50% of the seller’s interest in the songwriter’s share of the public performance royalties attributable to a collection of songs in the seller’s BMI catalog (full list attached in “Financials” tab), including “Something New” performed by Zendaya ft. Chris Brown. “Something New” is newly released so the winner will be the first to collect the royalties for this song. The financials represented in the listing reflect 50% of the royalties earned by the seller. That means if you owned the asset available for auction, you would have earned that amount of royalties in the last 4 quarters.

how does this asset make money?

Every time a song in this catalog for auction is played on Spotify, Pandora, Rhapsody, YouTube, SiriusXM, or iTunes Radio, you earn royalties. Every time a song in this catalog is performed in public, you earn royalties. BMI will distribute the royalties to the winner of this auction on a quarterly basis. The next BMI payment is scheduled for September 2016.

What is interesting about this asset?

The featured track in this catalog is “Wings” by British Pop group Little Mix. The song was released as the group's second single after winning the eighth series of The X Factor in 2011, and was the lead single from their debut studio album DNA. The song has eclipsed 149 million views on YouTube, with a daily average of 100,000 views since the video was uploaded. “Wings” peaked at #79 on the Billboard Hot 100 chart and #26 on the U.S. Billboard Pop Songs chart. Internationally, “Wings” peaked at #1 on the Singles Chart in the UK, Ireland, and Scotland and at #3 in Australia, where it is also certified triple platinum.

An interesting feature of the catalog for auction is that it contains a small interest in the songwriting share (winner will own 2.33% of the songwriter's share) in the newly released hit single “Something New” by Zendaya featuring Chris Brown. The song's official audio was posted to Zendaya's YouTube channel on Feb 3, with the official lyric video going up two weeks later. Collectively, the two videos have already combined for a view count over 12.25 million. Because this song was recently released, it has yet to receive payments from BMI, but will start receiving royalties soon. This song peaked at #93 on the Billboard Hot 100 chart and peaked at #12 on the Billboard Hot R&B Songs chart.

Finally, the catalog available in this auction consists of a total of 120 Pop and R&B songs. The full list of songs can be found in the “Financials” tab.

What rights are included?

 



About the royalty distributors

BMI is the largest music rights organization in the U.S., representing more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers.

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