Barry White's “You're the First, the Last, My Everything”
Barry White is best known for his distinctive bass-baritone voice, which helped him become one of the most iconic musicians during the 1970's soul, funk, and disco era. Bid on 25% of the seller's interest in the songwriter's share of public performance royalties for the hit song “You're the First, the Last, My Everything.” The song was released by Barry White in 1974. It peaked at #1 on the Billboard Hot Soul Singles chart and #2 on the Billboard Hot 100 chart.
This evergreen song, “You're the First, the Last, My Everything,” continues to consistently earn royalties year after year. Considering that this song has been popular for over 40 years, it is realistic to assume it will maintain its popularity in the future. Evergreen is an adjective that describes something that is continually fresh or self-renewing. In the music industry, it is used metaphorically to describe a song with long-lasting popularity that has withstood the test of time.
ASCAP 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 October 2016. This asset has generated $6,704.81 in the most recent 4 quarters of statements. More detailed financial information can be found in the “Financials” tab below.
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.
Jul 27, 2016, 3:40 PM MDT
Past 12 Month's Royalties
Public performance royalties are payments made by radio stations, hotels, restaurants, night clubs, etc. to the composition copyright holder(s) for each public performance of the copyrighted work. In the U.S., public performance royalties are typically paid to performing rights organizations (e.g., ASCAP, BMI) who then distribute the royalties to the copyright holder(s).
Mechanical royalties are royalties deriving from per-unit payments made by recording companies or digital download providers to the composition copyright holder(s) for every purchase of a sound recording that reproduces the copyrighted composition.
Non-interactive digital performance royalties are payments made by non-interactive music services (i.e. those that mimic the experience of a radio broadcast) of a statutorily-set amount (on either a per-play or annual basis—depending on the type of service) to SoundExchange for the benefit of the sound recording copyright holder and the performing artists for the right to perform the copyrighted sound recording via non-interactive, digital means.
non-interactive digital performance royalties
The royalties owed to the creator(s) of a musical composition which are paid in return for the right to reproduce, distribute, or perform the copyrighted work.
A musical composition is one of the two copyrightable parts of a recorded song. It consists of the song's music, including any accompanying words, (i.e. the portion of a song that is capable of being fully expressed as sheet music) and is separate from any particular recording of the song or its performance by any particular artist.
A sound recording is one of the two copyrightable portions of a recorded song. It results from the fixation of a series of musical, spoken, or other sounds in a tangible (at least momentarily permanent) medium.
The portion of royalties owed to the owner of a sound recording. The owner may the performing artist, the producer, or another party (such as a record label) who contractually acquired the ownership of the copyrighted work (e.g., through a recording agreement), owns it by virtue of an employer-employee relationship with the creator(s) of the work, or specially commissioned the work.
rights owner's share
The portion of royalties owed to the performers of a sound recording in return for the right to perform the copyrighted work via non-interactive, digital services (e.g., Pandora, Spotify).
The portion of royalties owed to the music publisher which are paid in return for the right to reproduce, distribute, or perform a copyrighted musical composition, arising from a contractual obligation (i.e. a publishing agreement) or employer-employee relationship with the creator of composition (i.e. the songwriter(s)).
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