Streaming-Driven Hip-Hop: Rich Homie Quan

Place a bid on this streaming-driven catalog with royalties generated by songs from hot hip-hop artist Rich Homie Quan and more.

$40,000

closing price

Auction Closed

Top Bid: Andrew C

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: $30,000
Bidding Increment: $1,000
Closing Price: $40,000
End Date: Apr 15, 2019, 3:12 PM MDT
Dollar Age:

3.62 Years

Last 12 Months' Royalties: $10,736
Investment Term: 10 years*
Distributors: BMI
Rights Included:

Public Performance 

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: June 21, 2019
Distribution Frequency: Quarterly
Buyer Fees:

$500

* Please see the FAQ tab for more information on the 10-year investment term.

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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, TV/Film/Commercial Performances, etc. Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc.
Distributors: BMI

Description

Bid to collect public performance royalties from a catalog featuring music from popular hip-hop acts like Rich Homie Quan.

Streaming is the foundation of this collection with 75% of royalties in the last 12 months. What’s more, these earnings are on the rise — up 42% in the last year compared to the previous time period.

The catalog’s highest-earning track is the 2013 release “Walk Thru” from hip-hop artist Rich Homie Quan, featuring Problem. Bringing in 57% of earnings in the last year, “Walk Thru” peaked at No. 20 on Billboard’s Rap Songs. The Gold-certified single also enjoyed mainstream success at No. 74 on the Billboard Hot 100. To date, the song has nearly 38 million spins to date on Spotify while the video has amassed nearly 69 million views on YouTube.

Other contributing titles in this collection include songs from rising female rappers: “Bankrupt” (2017) performed by Cuban Doll and “Crunch Time” a 2018 release from Asian Doll.

Key Drivers

Dollar Age This collection of songs has a Dollar Age of 3.62. This means the majority of royalties earned in the last 12 months came from songs that have collected royalties for at least three years.

In this case, the catalog’s highest-earning track — “Walk Thru” — was released in 2013, and royalties are still being generated. This more mature track can balance the volatility of a newer releases’ earnings, like “Bankrupt” which was released in 2017. An older release can provide more consistent earnings since it has a longer earning history. This can help sustain a catalog's earnings moving forward.

Streaming & Hip-Hop. This catalog is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2018 Year-End Report, hip-hop is the most popular genre of music in the U.S. The driver for the increase is streaming. Hip-hop/rap tracks accounted for more than a quarter of all on-demand plays on music streaming services in the U.S. in 2018. Streaming accounts for 75% of this catalog’s earnings over the last 12 months and these earnings grew significantly in the same period.

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.

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