Kanye West is a living legend. His stardom and achievements in the music industry continue to grow. In addition to music, Kanye is rapidly becoming one of the top designers in the fashion industry. His crossover appeal just makes his fan base grow larger every day. The chance to purchase an asset with a royalty stream generated from one of Kanye's greatest hits is a rare opportunity.
Bid on 100% of the seller's BMI songwriter's royalties from the certified triple-platinum Hip Hop song “Mercy,” performed by Kanye West featuring Big Sean, Pusha T, and 2 Chainz. Triple platinum means this song has sold over 3,000,000 copies. “Mercy” peaked at #13 on the Billboard Hot 100 and peaked as the #1 song on both the Billboard Hot Rap Songs and Billboard Hot R&B/Hip-Hop Songs. “Mercy” has generated over 112 million YouTube views, and in 2013, was nominated for the Best Rap Song and Best Rap Performance Grammy awards.
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 $2,302.12 in the most recent 4 quarters of statements, and 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.
Starting Price:
$500
Bidding Increment:
$500
Closing Price:
$18,000
End Date:
Jul 18, 2016, 3:05 PM MDT
Total Bids
32
Past 12 Month's Royalties
2302
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).
public performance
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.
mechanical royalties
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.
songwriter's share
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.
musical compositions
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.
sound recordings
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).
artist's share
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)).
publisher's share
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