Christian Hip-Hip from Grammy-Winner TobyMac
Up for auction is a selection of hit-singles from Christian hip-hop artist and Grammy-winner TobyMac.
- Closed October 29, 2018
- 10-year term
- Musical Composition
- Songwriter (World), Publisher (World)
- Music Services
About This Auction
- $4,436
- Track List
- Track List
- Musical Composition
- Interests Included
- Songwriter (World), Publisher (World)
- Mechanical, Public Performance, Sync
- No
- Distributors
- Music Services
- Sources
- Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc.
- 10 years*
- First Distribution
- November 15, 2018
- Distribution Frequency
- Quarterly
- Relist-Eligible?
- No
- Starting Price
- $17,700
- Bidding Increment
- $500
- Closing Price
- $19,200
- End Date
- October 29, 2018, 3:03 PM MDT
- Buyer Fees
- $500‡
* Please see the FAQ tab for more information on the 10-year investment term.
‡Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits. Please contact us directly for more details on signing up: (800) 718-2269.
Description
This catalog features multiple tracks from the Grammy-winning Christian hip-hop artist TobyMac. In the last 12 months, this catalog collected mechanical, performance and sync royalties totaling out to nearly $4,500.
This listing includes multiple hit-singles from TobyMac including the 2011 release “Eye On It.” Debuted off the album of the same time, Eye On It debuted at No. 1 on the Billboard 200, the first Christian album to do so in over a decade. Later that year, it received both a Billboard Award and Grammy for Best Album and Best Contemporary Christian Music Album, respectively. Currently, “Eye On It” contributes to over 65% of this collections historic earnings.
Released to TobyMac’s sixth studio album of the same name, “This is Not A Test” contributes to just over 19% of the last 12 months earnings. In 2016, the album was awarded a Grammy for Best Contemporary Christian Music Album. Also included in this auction is the track "First Noel" featuring TobyMac and Owl City. Currently, the work contributes to just over 13% of this collections earnings over the last 12 months.
Key Drivers
The winner of this auction can receive income from three different royalty streams:
-
Mechanical: Royalties paid to songwriters when music is reproduced, either sold ( CD,vinyl, or digital downloads) or streamed (either on-demand like Spotify or on Internet Radio like Pandora).
-
Performance: Royalties paid to songwriters 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 .
-
Synchronization: Royalties paid to songwriters and publishers for the licensing of a song in music for a movie, TV show, or commercial.
Historically, this catalog’s income mix is 31% mechanical, 2% performance and 10% synchronization.
About the Royalty Distributor
Established in 1987, Music Services is a music administration company that specializes in licensing and royalty management. The company manages the catalogs, licensing and royalty accounting for more than 250 companies. Music Services distributes quarterly.
The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.
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.
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