Beyonce, Usher, Romeo Santos feat. Drake, & More
Invest in a star-studded catalog that has earned over $2,000 in each of the last four quarters.
- Closed February 15, 2017
- Life-of-rights term
- Musical Composition
- BMI
About This Auction
- $9,721
- 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
- $27,000
- Bidding Increment
- $1,000
- Closing Price
- $57,000
- End Date
- February 15, 2017, 3:05 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 star-studded catalog includes songs by Beyonce, Usher, Romeo Santos featuring Drake, and more. This asset generated over $2,000 in royalties each of the last 4 quarters, earning $9,271 in the last 12 months. Up for auction is 100% of the songwriter's share of public performance royalties for a catalog of 184 songs.
Making up 35% of this catalog's revenue is the song "Odio" (English: "Hate") by Romeo Santos featuring Drake. “Odio” was released in 2014 as the second single for his second studio album Formula, Vol. 2. It jumped to the number one spot on the Hot Latin Songs chart and was the highest debut for a Spanish song on the Billboard Hot 100 chart. Today it has over 92 million streams on Spotify and is Santos' number 2 most streamed song. It was just announced this week that Santos is one of 24 singer/songwriters and composers nominated for this year's Latin Songwriter Hall of Fame.
Another notable song is Beyonce's 2008 “Radio” off of her 3x Platinum, 5 time Grammy winning album “I Am...Sasha Fierce.” Beyonce has over 16 million monthly listeners on Spotify ranking 42nd in the world. The songwriter also contributed to Usher's “Lay You Down," Sean Paul's “Dream Girl,” and has worked with Kevin Gates, Trey Songz, and Kid Ink, among others.
Earn money every time “Odio,” or any one of these 184 songs, is played on the radio, streamed on Spotify, or any other type of public performance.
What is being sold?
100% of the seller's interest the of royalties attributable to selected musical works in the seller's BMI catalog. See the “Financials” tab for a full track list.
How does this asset make money?
Every time “Odio” or any song in this catalog, is played on 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
Log in to see the financials
Earnings over time, and where they came from.
FAQ
Log in to read the FAQ
Answers about the term, the bidding and the royalties.
Media
Log in to see the media
Videos, audio and images from the catalog.