Royalties from New Kids On The Block + Akon
Here’s a chance to bid on royalties from the original boy band—New Kids On The Block—along with R&B crooner Akon.
The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.
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: | $28,000 |
| Bidding Increment: | $500 |
| Closing Price: | $49,500 |
| End Date: | Jul 13, 2020, 1:00 PM MDT |
| Dollar Age: | 11.86 Years |
| Last 12 Months' Royalties: | $9,473 |
| Investment Term: | Life of author + 70 years |
| Distributors: | BMI |
| Rights Included: | Public Performance |
| Interests Included: | Songwriter (World) |
| Track List: | |
| First Distribution (paid 30 days from receipt): | September 18, 2020 |
| Distribution Frequency: | Quarterly |
| Buyer Fees: | 1% of closing price or $500 (whichever is greater)ठ|
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What rights are included?
| Musical Composition | Sound Recording | |||||||
|---|---|---|---|---|---|---|---|---|
| Copyrights included? | No | — | ||||||
| Rights: |
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| 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: | BMI | — |
Description
This collection of three songs released in 2008 continue to earn royalties nearly 12 years later. The top song is from legendary boy band New Kids On The Block, and is supported by a pair of tracks from R&B singer Akon.
FINANCIAL HIGHLIGHTS:
With a Dollar Age of nearly 12 years, the three tracks in this listing have proven longevity.
The spike in earnings you’ll see for Q1 2018 was the result of a large international payment from Brazil. You'll notice increased royalties in Q2 and Q3 of 2019, which largely resulted from live performances and international earnings for “Summertime." These earnings spikes also explain the significant growth rates for the single.
ABOUT THE CATALOG:
New Kids On The Block, known affectionately as NKOTB to fans, was the original boy band that rocketed to massive, multi-Platinum success before disbanding in 1994. In 2008, the group reunited and released the single “Summertime,” which is the top-earning song in this listing. “Summertime” brought in 52% of royalties over the last 12 months.
This spike is largely due to live performances, thanks to the group's New Kids on the Block Live tour beginning in the fall of 2008 through the summer of 2010. These live performances are not likely to continue, and if so will result in live performance income falling in the future.
The two other songs in the listing are from the 2008 album Freedom by R&B singer Akon. One, “Be With You,” generated 45% of royalties in the last four quarters, and accounts for 72% of all-time catalog earnings. The other, “Clap Again,” rounds out the catalog at 4% of earnings.
Key Drivers
International Earnings. The majority of this catalog’s earnings come from abroad — at 75% of historical earnings. As the winner of this auction, you’ll be entitled to any past performance royalties paid by BMI, regardless of when they were earned. As this collection earns primarily from countries outside the United States, it’s important to note that international earnings can often be reported to distributors with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.
Dollar Age. This catalog has a Dollar Age of approximately 11.86 Years. This means the majority of royalties earned in the last 12 months came from songs that have collected royalties for more than 11 years. A high Dollar Age like this suggests stability and longevity.
About the Royalty Distributor
Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, SESAC & Global Music Rights. It collects license fees from music users on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed. For more information on BMI’s distribution schedule, click here.