Sales & Streaming: R&B/Soul Catalog

Bid on sales and streaming royalties from American Idol contestant Hollywood Anderson, including his originally-written audition song “My Bestfriend.”


closing price

Auction Closed

Top Bid: Martin R

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: $8,500
Bidding Increment: $250
Closing Price: $37,250
End Date: Nov 14, 2017, 3:44 PM MST
Investment Term: Life of author + 70 years
40% of Last 12 Months' Royalties: $8,636
Royalty Type: Sales and Streaming
First Payment: January 2018
Buyer Fees: 5% Accounting Fee*

*Royalty Exchange will provide royalty accounting services to the winning bidder at a 5% fee per distribution. If the accounting fee had been in effect over the last 12 months, the fee would have been $432. Why does Royalty Exchange need to account?


Up for auction is 40% of the sound recording royalties from an R&B/Soul catalog of music. The recording artist is American Idol Season 14 contestant, Hollywood Anderson. Over the last 12 months, this collection of music has earned $8,636.

These royalties are generated by the sales and streaming of Hollywood Anderson's album and associated singles. The most notable is the original song Anderson performed during his audition for American Idol: “My Bestfriend.” Released in 2015 after the Idol audition, the title is the most lucrative track, bringing in 70% of historic income.

This catalog's income mix is dominated by streaming, which brings in the majority of royalties compared to sales. The two streaming services supporting these earnings are Spotify and Apple Music, accounting for 38% and 28% of income, respectively. If you win this auction, you will earn money any time music from this catalog is streamed on-demand or digitally downloaded.

Commonly known as one of the most successful shows on TV, American Idol aired from 2002 to 2015. The show's contestants have sold more than 60 million albums, 260 million digital downloads, along with 80 Platinum records and produced pop idols such as Kelly Clarkson and Carrie Underwood. After airing its final (15th) season on Fox in 2016, the show is now “rebooting” on ABC and plans to premiere in March of 2018.

Key Drivers

On the “Financials” tab, you'll notice an increase in earnings from January through April of 2016. The cause for this spike is likely due to American Idol itself. The show began airing its farewell season on January 6, 2016 and aired the series finale on April 7, 2016. Since Hollywood Anderson became somewhat of a fan favorite during Season 14 of American Idol, his singles and albums experienced a renewed interest among fans, once Season 15 began to air.

American Idol is confirmed to relaunch on ABC in March 2018 with Ryan Seacrest returning as the host, a similar format and new panel of judges. The premiere of the show (after being off air for nearly two years) could create a similar effect and generate a revived interest in past contestants' music, for example what occurred with Hollywood Anderson's music with the airing of American Idol's final season. However, since this catalog has seen this phenomenon occur only once, it does not indicate a strong trend. This has been accounted for with regards to the starting price and multiple for the auction.

What is being sold?

40% of the seller's interest in the sales, streaming, and related royalties attributable to select sound recordings listed in the “Financials” tab.

How does this asset make money?

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

What rights are included?

  Musical Composition Sound Recording
Copyrights included? No
Public Performance
Sources: Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. Internet Streaming, Digital Downloads, etc.
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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