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.
|End Date:||Jul 09, 2019, 1:18 PM MDT|
|Last 12 Months' Royalties:||$1,301|
|Investment Term:||Life of author + 70 years|
Songwriter (World), Publisher (World)
|First Distribution:||September 20, 2019|
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What rights are included?
|Musical Composition||Sound Recording|
|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.|
Collect both songwriter and publisher earnings from this streaming-driven hip-hop catalog! With over 95% of recent earnings deriving from streaming platforms, this collection benefits from aligned success on the most popular platforms to date – Spotify, Apple Music, Pandora and more.
Released to Grammy-nominated artist Wale's 2018 EP It’s Complicated, is this collection's top-earning work – “Let It Go.” The track currently contributes to 79% of recent earnings. Following its release, the EP itself appeared on the Billboard Hot 200. It’s no surprise the key earning source for this collection is streaming as Wale currently claims over 6 million monthly listeners on Spotify.
This catalog also benefits from the Wale track “Heaven On Earth” with featured artist Chris Brown. Additional earners include Chaz French’s “Situation,” “Hol Up” and “Off Top,” which collectively, earned over 13% of this collection’s revenue in the last 12 months.
Hip-Hop/Streaming. 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 US in 2018. Streaming accounts for 95% of this catalog’s earnings over the last 12 months.
Current/Upcoming Releases. Wale just recently released a new track titled “Daylight” in early June 2019 as a premise to his upcoming sixth studio album. In fact, "My album finished I’m just out here playin’'" serves as the teaser message on the cover art for "Daylight." It can be expected that the new album will be released soon. While the new songs are not included in this auction, new releases can help boost an artist's back catalog. The release of new music draws discovery among first-time listeners and re-engages existing fans.
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.