4x Platinum “Young, Wild & Free”
Invest in a hip-hop catalog highlighted by the Grammy-nominated hit single “Young, Wild & Free" by Snoop Dogg and Wiz Khalifa.
- Closed March 6, 2017
- Life-of-rights term
- Musical Composition
- BMI
About This Auction
- $2,711
- Musical Composition
- Public Performance
- No
- Distributors
- BMI
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- First Payment
- March 2017
- Fees
- $500 BMI Payee Account Fee*
- Starting Price
- $8,000
- Bidding Increment
- $250
- Closing Price
- $22,000
- End Date
- March 6, 2017, 3:27 PM MST
*BMI charges a one-time fee of $500 to open a new payee account, which will be debited from the payee's first royalty distribution. Once opened, multiple royalty streams can be routed to the buyer's payee account. If you already have a BMI payee account, there is no fee.
Description
This catalog of hip-hop songs released in the last five years has averaged over $600 per quarter since 2014. In the past 12 months, this asset generated $2,711. Royalties have increased in each of the last two distribution periods.
Up for auction is 100% of the songwriter's share of public performance royalties for 14 songs. Included in the catalog are tracks by popular artists Snoop Dogg, Wiz Khalifa, Ty Dolla $ign, DJ Mustard, and YG.
Grammy-nominated “Young, Wild & Free” by Snoop Dogg and Wiz Khalifa featuring Bruno Mars generates 76% of the earnings. Released in 2011 the song peaked at number 7 on the Billboard Hot 100. In 2013, the song was nominated for Best Rap Song at the 55th Grammy Awards. The single is certified 4x platinum by the Recording Industry Association of America (RIAA) meaning over 4 million units have sold.
"Young, Wild & Free" continues to be popular today, with YouTube views holding steady at over 150,000 views per day since mid-2016. This is important, because every time someone watches this video on YouTube, streams this song on Spotify, or any other type of public performance, you will earn money.
What is being sold?
100% of the seller's interest in the of royalties attributable to the musical works in Seller's BMI catalog. See the “Financials” tab for a full track list.
How does this asset make money?
Every time “Young, Wild and Free” or any song in this catalog, is played on the radio, iTunes, Pandora, Spotify, or any other type of , you earn royalties. BMI makes payments quarterly and the next BMI distribution is March 2017.
About the Royalty Distributor
BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.
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.