3 Royalty Streams: Platinum Hip-Hop Hit “Blasé”
Collect public performance, mechanical, and sync royalties from the certified Platinum song “Blasé” by Ty Dolla $ign featuring Future & Rae Sremmurd
- Closed April 10, 2017
- Life-of-rights term
- Musical Composition
- The Administration MP
About This Auction
- Musical Composition
- Mechanical, Public Performance, Sync
- No
- Distributors
- The Administration MP
- Sources
- Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc.
- Life of author + 70 years
- Last 3 Quarters' Royalties
- $3,042
- First Payment
- May 2017
- Fees
- None
- Starting Price
- $5,750
- Bidding Increment
- $250
- Closing Price
- $23,000
- End Date
- April 10, 2017, 3:41 PM MDT
Description
Invest in three separate royalty streams for the Platinum-certified hit “Blasé" by Ty Dolla $ign featuring Future and Rae Sremmurd.
We previously held an auction for the songwriter's interest in this song. Now you can collect the of not only the royalties but mechanical and sync royalties as well. Released in June of 2015, the song has earned a total of $3,042 in the first three distributions.
"Blasé" is the second single off of Ty Dolla $ign's debut studio album, Free T. The single is certified Platinum by the Recording Industry Association of America for shipping over a million units. It's Ty Dolla $ign's third most-played song on Spotify with over 68 million plays, and the Youtube video has more than 47 million views.
"Blasé" features Atlanta rapper Future and hip-hop duo Rae Srummurd, both hot artists on today's hip-hop scene. Future just made music history on March 6th as the first artist to not only achieve two back-to-back No. 1 album debuts but also to replace himself at the top of the Billboard 200 album chart. Duo Rae Srummurd came into the spotlight at the end of 2016 with the release of “Black Beatles.” The song spent seven weeks at No. 1 on the Billboard Hot 100 singles chart.
Key Drivers
This auction is for three different royalty streams for one song. This means the winner of this auction will receive income in multiple ways:
- Synchronization: Royalties paid to songwriters and publishers for use of a song as background music for a movie, TV show, or commercial.
- Mechanical: Royalties paid to songwriters and artists when music is sold (think CD or vinyl) but also when music is streamed (streaming mechanicals) “on-demand” (like Spotify).
- Performance: Royalties when music is performed publicly. Music played over the radio, in a restaurant or bar, or over a service like Spotify or Pandora is considered a .
Want to learn more about the different royalty types? View our posts about mechanical and performance royalties here and sync royalties here.
You can also check out a recently closed similar auction here.
What is being sold?
100% of the seller's interest in the of , sync, and attributable to the musical work "Blasé," currently paid by The Administration MP, Inc.
BUYBACK OPTION
The seller has the option to repurchase the royalty share from the winning bidder during the first three years after the sale for 150% of the final auction price.
How does this asset make money?
Every time "Blasé" is streamed, downloaded, purchased, re-recorded, or used in a television show, movie, or commercial, you'll earn royalties. The Administration MP will distribute the royalties to the winner of this auction on a quarterly basis. The Administration MP's next payment is scheduled for May 2017.
About the Royalty Distributor
The Administration MP is a music publishing service for songwriters, producers, beat-makers, and artists. The Administration MP registers, licenses, administers, and most importantly, collects royalties around the world, for their customers.
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.
Financials
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Earnings over time, and where they came from.
FAQ
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Answers about the term, the bidding and the royalties.
Media
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Videos, audio and images from the catalog.