Theme Song From Fox's "Raising Hope"

Collect royalties generated from the opening theme music for the Fox original series Raising Hope.

$62,500

closing price

Auction Closed

Top Bid: C F

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: $58,500
Bidding Increment: $2,000
Closing Price: $62,500
End Date: Mar 16, 2018, 3:00 PM MDT
Investment Term: 10 Years*
90% Last 12 Months' Royalties: $19,330
Royalty Type: Public Performance
First Payment: May 2018
Buyer Fees: None

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

Description

Invest in this asset that features public performance royalties from theme music used for the Fox TV series Raising Hope. This offering includes the title “Daddy-O,” which is the recognizable opening song played in each episode of the series. In the last 12 months, this song has produced $19,330 in earnings.

Royalties for “Daddy-O” have been consistent over the last three years -- averaging just over $19,000/annually. Since the "Daddy-O" is the theme song played at the onset of Raising Hope, its royalties are paid out at a slightly higher rate compared to traditional background production music. If you’re a fan of the show, you’ll certainly recognize “Daddy-O.” Check out the “Media” tab to listen to it.

Raising Hope first aired on Fox in 2010 and ran for four seasons, with 88 episodes to its name. This means “Daddy-O” is featured in 88 separate episodes since the opening theme is included in each show. Raising Hope also received two Emmy nominations in 2011. Today, the show airs in syndication on CMT, WGN America, and FXX as well as other local affiliates nationwide. The show is currently available on Hulu and was previously available on Netflix.

In fact, FXX is airing a Raising Hope marathon tomorrow morning. As the winning bidder, you could collect the royalties generated by “Daddy-O” for tomorrow’s airings of the series!

Key Drivers

Theme music is the audio played at the outset of any given show. It differs from typical production music because a theme song plays consistently and more often than a background/transition music.

Since “Daddy-O” is used during the introduction of every episode of Raising Hope, you have the opportunity to earn royalties every time the show airs on TV or is streamed on-demand. As of today, Raising Hope airs regularly on FXX.

It's also worth noting that Raising Hope drives the earnings for “Daddy-O” and this asset. Meaning, the song’s royalties are directly related to Raising Hope playing on TV or via on-demand streaming.

Although the series ended nearly four years ago, the program is still airing frequently in syndication and thus generating steady public performance income for “Daddy-O.” It’s important to take into consideration that if Raising Hope begins to air less frequently on syndicate networks or stops airing at all, public performance royalties for “Daddy-O” would decrease.

Want to learn more about theme songs? Check out our blog post here.

What is being sold?

10 years of royalty payments derived from 90% of the seller's interest in the domestic (U.S.) songwriter's share of public performance royalties attributable to the musical composition "Daddy-O" (ASCAP Work ID # 881983304).

How does this asset make money?

Every time an episode of Raising Hope airs on any TV network, such as CMT or FXX, or is streamed on Netflix or Hulu, you earn royalties. Royalty Exchange will administer the ASCAP payments and the first distribution you will receive is March 2018 to be paid in Apri 2018. 

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

About the Royalty Distributor

ASCAP is the American Society of Composers, Authors and Publishers. It is a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. ASCAP also represents music creators worldwide through agreements with affiliated international societies.

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