The Black Eyed Peas “Meet Me Halfway”

Up for auction is the 2X platinum, 2009 release “Meet Me Halfway” from six-time Grammy-winners The Black Eyed Peas.

$37,600

closing price

Auction Closed

Top Bid: John S

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: $24,000
Bidding Increment: $800
Closing Price: $37,600
End Date: Jan 11, 2019, 3:00 PM MST
Last 12 Months' Royalties: $8,132
Investment Term: 10 years*
Distributors: ASCAP
Rights Included:

Public Performance

Interests Included:

Songwriter (World)

Track List:

Track List

First Distribution: February 11, 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: ASCAP

Description

Bid now for a chance to collect royalties generated by the international success of renowned pop group The Black Eyed Peas. This single-song listing features the 2009 track, “Meet Me Halfway,” which peaked at No. 7 on the Billboard Hot 100 after its release 10 years ago.

Since then, the track has garnered significant international attention, peaking at No. 1 globally on charts in Germany, The UK, Australia, and more. As a result, nearly 94% of earnings in the last 12 months deriving from international sources, itself a 36% increase over the previous year. The UK is the leading source of revenues, contributing 70% of all earnings in the last 12 months. Domestically, streaming remains a strong format, increasing 73% in the last 12 months.

Key Drivers

International. The majority of this catalog’s earnings come from abroad — at 79% of historical earnings. Although international royalty distribution can lag behind domestic payments and arrive with limited detail, as the winner of this auction you’ll be entitled to any past performance royalties paid by ASCAP, regardless of when they were earned.

Featured Artists. Not surprisingly, the star power within this catalog is an attractive feature. The Black Eyed Peas are multi-Platinum-selling artists with a proven track record of hits, loyal fan bases, and mainstream appeal. The Black Eyed Peas are made up of individually awarded grammy-winners Fergie, Will.I.am and more. As a whole, the group has received dozens of awards, including six Grammys; one for The E.N.D. which features “Meet Me Halfway.”

Pop/Streaming. According to the BuzzAngle 2018 Music Report, pop titles were the second-most streamed songs last year, representing 19.3% of all streams, up from 15.6% in 2017. Although streaming accounts for 5% of this pop catalog's earnings last year, its income is on the rise, showing a 73% increase over the previous four quarters.

This collection earns primarily from countries outside the United States. International earnings can often be reported to distributors with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.  Currently, The Black Eyed Peas claim an impressive 11 million listeners per month on the streaming platform Spotify. Most likely, overseas streaming appears within the international source category.

Song Age. Industrywide, Deep Catalog titles, those released more than three years ago, accounted for 55% of all album sales in 2018, up from 51% in 2017. As "Meet Me Halfway" was released in 2009, it qualifies with this trend. A catalog containing more mature works is something worth noting as an investor.

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.

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