Sales & Streaming: Indie Electronic

Catalog features sound recording royalites from the rising electronic band FMLYBND.

$42,000

closing price

Auction Closed

Top Bid: J D

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: $30,000
Bidding Increment: $1,000
Closing Price: $42,000
End Date: Jan 17, 2018, 3:03 PM MST
Investment Term: Life of author + 70 years
Last 12 Months' Royalties: $9,865
Royalty Type: Sales and Streaming
First Payment: March 2018
Buyer Fees: None

Description

This asset features sales and streaming royalties generated by two albums from the indie electronic band FMLYBND. In the last 12 months, this collection of music has earned $9,865.

Formed in 2013, FMLYBND is a four-piece band that mixes an electronic sound with pop-like lyrics and a grunge influence. This catalog features two of the band's most well-received albums — the debut release Back To Life EP and Hearts on Fire released in early 2016.

Streaming is the leading income source for these sound recording royalties, accounting for 66% of historic earnings and 88% of royalties over the last 12 months. Not surprisingly, Spotify is the leading streaming source in the last 12 months — bringing in 55% of earnings. FMLYBND has a very engaged fan base on Spotify. According to FMLYBND's Spotify data, these fans prefer to save the group's music to their playlists and libraries as opposed to listening to curated-Spotify playlists or the radio feature.

The catalog's highest earner is the single “Come Alive” from Back To Life EP, bringing in 36% of royalties. After its release, the track was placed in the popular videogame FIFA 15. “Come Alive” has nearly 2 million streams to-date on Spotify and is FMLYBND's second most popular song on the platform.

Other highlights include “Electricity” with 1.6 million spins on Spotify, along with “Hearts on Fire” from their 2016 album of the same name.

Key Drivers

Streaming. Streaming is the largest source of royalties for this catalog at 66% of the income to-date. On-demand stream activity industry wide is up 58.7% according to Nielsen's 2017 year end report. Moreover, streaming makes up 41% of total listening activity, making it the preferred listening format. FMLYBND has nearly 150,000 monthly listeners on Spotify. With streaming as the dominant income source for this asset, the streaming surge across the music industry bodes well for you as an investor.

New Release. FMLYBND is currently working on a new album which is scheduled for release in early 2018. The band will drop a large roll out campaign for the new album to reengage their fans. For a band, a new release can help reinvigorate their back catalog by drawing interest from first-time listeners and also excite their current fan base.

This trend can be seen in the chart below with the release of the album Hearts on Fire in January 2016. You'll see the increased engagement from listeners/followers and rising streams after the album's release and new plateau of listeners and streams as a result.

Note: Artist data provided by Spotify.

Looking at FMLYBND's Spotify data, the group's listeners, streams and followers all have steadily increased since 2015. For reference, Spotify classifies “Listeners” as the number of unique persons listening to music, which can indicate a measure of the artist's popularity. “Streams” is the number of times the song is played for at least 30 seconds. “Followers”are listeners who follow the band/artist on Spotify and receive updates/release news on the artist.

What is being sold?

100% of the seller’s interest in the sales, streaming, and all royalties (except synchronization, non-interactive digital performance royalties collected by SoundExchange, and all royalties collected by SoundCloud) attributable to select sound recordings in the seller’s catalog of works. See the “Financials” tab for a full track list.

BUYBACK OPTION

The seller has the option to repurchase the royalty share from the winning bidder, for two years after the sale, for 150% of the final auction price.

How does this asset make money?

Every time “Come Alive” is streamed on-demand or digitally downloaded through sources like Spotify, iTunes, Apple Music, etc. you will earn money. Royalty Exchange will administer royalties from Tunecore to the buyer on a monthly basis and the first payment will be March 2018.

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, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. Internet Streaming &, Digital Downloads
Distributors: TuneCore

About the Royalty Distributor

TuneCore is New York-based independent digital music distribution service, founded in 2005. TuneCore offers musicians and other rights-holders the opportunity to distribute and sell or stream their music through online retailers such as iTunes, Spotify, Amazon Music, Google Play, Tidal, and others.

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