Streaming-Driven Alternative Pop/Rock
This listing features growing public performance income generated by alternative rock/pop tracks from the L.A.-based band Set It Off, and more.
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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: | $14,000 |
| Bidding Increment: | $400 |
| Closing Price: | $20,400 |
| End Date: | Dec 17, 2019, 3:00 PM MST |
| Dollar Age: | 3.31 Years |
| Last 12 Months' Royalties: | $4,413 |
| Investment Term: | 10 years* |
| Distributors: | ASCAP |
| Rights Included: | Public Performance |
| Interests Included: | Publisher (U.S. Only) |
| Track List: | |
| First Distribution (paid 30 days from receipt): | December 18, 2019 |
| Distribution Frequency: | Quarterly |
| Buyer Fees: | 1% of closing price or $500 (whichever is greater)‡ |
* Please see the FAQ tab for more information on the 10-year investment term.
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
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: | ASCAP | — |
Description
Bid now for your chance to earn growing public performance royalties for this alternative rock/pop catalog.
Streaming income makes up 90% of this offering’s royalties in the last 12 months, which has increased 10% compared to the previous time period. Spotify is the leading streaming platform, with 40% of last year’s total revenue. YouTube and Apple Music are other top streaming platforms, both showing year-over-year revenue growth, combined they accounted for 34% of royalties.
The top earner in this collection is “Wolf In Sheep’s Clothing” bringing in 23% of income in the last 12 months. The 2014 release is performed by pop/punk band Set It Off was released on their sophomore album Duality. Royalties for “Wolf In Sheep’s Clothing” increased significantly year-over-year, thanks to YouTube, Apple Music, and Pandora. It is the band’s most popular song on Spotify with 66+ million spins.
Also included from Duality is the title track “Duality” and “Why Worry,” combined they account for 29% of royalties in the last 12 months. Rounding out the top-earning songs are “Emoceans” from Mackenzie Ziegler and “Fall” from Palisades.
Key Drivers
Upcoming Tour. Set If Off tours frequently and they have a worldwide tour set to start in January 2020 with dates through April 2020, including multiple stops in Europe. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners.
Streaming Growth Worldwide. According to IFPI’S Global Music Report 2019, streaming revenues were up 34% in 2018, accounting for nearly half (47%) of total recorded music revenues. By the end of 2018, there were 255 million users of paid subscription accounts globally.
This is good news for you as the investor, as 90% of last year's income came from streaming within the United States.
About the Royalty Distributor
American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’s distribution schedule, click here.