80s/90s Club Hits + Fatboy Slim
This catalog boasts 16+ years of earnings from 80s & 90s club hits and a Fatboy Slim song featured on the 2x Platinum Charlie's Angels soundtrack.
- Closed May 25, 2017
- Life-of-rights term
- Musical Composition
- BMI
About This Auction
- $1,898
- 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
- June 2017
- Fees
- $500 BMI Payee Account Fee*
- Starting Price
- $6,000
- Bidding Increment
- $250
- Closing Price
- $18,500
- End Date
- May 25, 2017, 3:35 PM MDT
Description
Invest in the of a unique catalog that has over 16 years of history. This catalog earns money from 80s and 90s dance hits, including a Fatboy Slim song that sampled one these songs. In the last 12 months, this catalog generated $1,898.
Up for auction are royalties from music by Doug Lazy, an American hip hop and dance music producer. Doug Lazy scored three No. 1 hits on Billboard's Dance Club Songs chart in the late 80s and early 90s, “Let It Roll,” “Let the Rhythm Pump” and “H.O.U.S.E.” "Let the Rhythm Pump" was Doug Lazy's biggest hit, spending 13 weeks on the charts. In December of last year, Billboard recognized it as one of the top 10 dance songs in 1990 in the article “Greatest of All Time: To 10 Dance Club Songs Year-by-Year.”
In 2000, legendary UK DJ and producer Fatboy Slim sampled Doug Lazy's vocals from “Let the Rhythm Pump” in the song “Ya Mama,” often referred to as “Push the Tempo.” The song reached No. 30 on the UK singles chart. That same year, “Ya Mama” appeared in the film Charlie's Angels and was featured on the soundtrack. The soundtrack was a success, receiving double Platinum certification in June of 2002.
Key Drivers
1) Fatboy Slim's “Ya Mama” makes up 68% of the catalog. This song earns money in multiple ways. Because Fatboy Slim sampled “Let the Rhythm Pump,” the songwriter benefits by collecting royalties from both works. And since “Ya Mama” was featured in in Charlie's Angels this catalog also generates income any time the film airs on television or is streamed.
2) Fatboy Slim has been on the electronic music scene for over 20 years and he isn't slowing down. In March of this year, he released a new single and he is actively touring, with performances scheduled at several festivals in Europe throughout the summer.
What is being sold?
100% of the seller's interest in the of royalties attributable to the seller's catalog of songs administered by BMI. See the “Financials” tab for a full track list.
How does this asset make money?
Every time “Ya Mama,” or any song in this catalog, is played on the radio, streamed, used in a show or film that airs on television, or any other type of , you earn royalties. BMI makes payments quarterly and the first distribution you will receive is June 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.
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Click below to see a previous auction with music from the early '90s.
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.