Christian Worship Music
Invest in two different catalogs containing Christian worship songs with diverse income sources.
- Closed February 26, 2018
- Life-of-rights term
- Musical Composition
- Fun Attic Music, Integrity Music
About This Auction
- $2,899
- Musical Composition
- Mechanical, Public Performance, Sync
- No
- Distributors
- Fun Attic Music, Integrity Music
- Sources
- Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, Print Sales, TV/Film/Commercial Placements & Performances, etc.
- Life of author + 70 years
- First Payment
- March 2018
- Starting Price
- $7,700
- Bidding Increment
- $250
- Closing Price
- $20,200
- End Date
- February 26, 2018, 3:09 PM MST
- Buyer Fees
- None
Description
This asset features royalties from two different catalogs of Christian music with both traditional worship and popular gospel songs. It also earns from a variety of income sources spanning from direct licensing to churches, physical sales, streaming and even print. Over the last four quarters, both catalogs generated $2,899 in earnings.
The first of the catalogs included in this sale features the worship medley “Bow Down.” This collection is published by Integrity Music with “Bow Down” as the anchor accounting for 98% of earnings to date. The largest income source (58%) in the last 12 months for “Bow Down” is -- which are paid to the songwriter when music is either sold physically (CDs), downloaded from iTunes or streamed on Spotify (streaming mechanical).
Interestingly, the majority (71%) of the for “Bow Down” come from physical sales. You’ll notice a significant spike in earnings in Q4 2017. “Bow Down” was recently recorded and released by modern Gospel artist William Murphy on his album Demonstrate. Since this auction is for the , you will collect royalties from the musical composition of “Bow Down” anytime someone records and releases the song.
Also included in this sale is a second catalog containing 19 titles and managed by Fun Attic. “Unrestrained” is the foundation of this collection, bringing in 62% of royalties over the last year. The song has been recorded by numerous Christian artists such as Myron Butler & Levi, Mandisa, and Jeremy Camp. The majority of the income for “Unrestrained” comes from the various artists’ albums it’s been released on.
“Song of Glory” is another featured title in the Fun Attic catalog which brings in 34% of its income to date. The song is featured on an inspirational gospel compilation album produced by Prism Music, which accounts for the majority of its income.
Key Drivers
This asset earns income from five different royalty streams. This means the winner of this auction can receive income in multiple ways:
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Mechanical: Royalties paid to publishers when music is sold (like digital downloads), and also when music is streamed on-demand, like on Spotify (streaming mechanicals).
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Performance: Royalties paid 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 .
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Synchronization: Royalties paid to publishers for use of music in a movie, TV show, or commercial.
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Christian Copyright Licensing International (CCLI): sells direct licenses to churches to streamline copyright issues for various religious works.
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Print: Royalties paid when music is transcribed into print, like sheet music, and then distributed.
Want to learn more about the different royalty types? View our guides on mechanical and performance royalties here and sync royalties here.
What is being sold?
100% of the seller's interest in all publishing royalties attributable to the select in Seller's catalog of works. See the “Financials” tab for a full tracklist.
How does this asset make money?
Every time “Bow Down” or “Unrestrained” is downloaded or sold, streamed online or licensed by a church, you'll earn money. Integrity Music and Fun Attic make payments quarterly and the first distribution you will receive is in March from Fun Attic and May 2018 from Integrity Music.
About the Royalty Distributors
Integrity Music is a recording and publishing label whose music is distributed in over 200 countries and translated and recorded in numerous languages. Integrity is a part of David C Cook, a nonprofit publisher, and distributor of Christian-based resources.
Fun Attic is a trusted name in music licensing and administration. Fun Attic Music represents music publishing for Gospel, Country, Hip Hop, Pop, Rap, Rock, Worship, and mainstream publishers. Services include handling all digital media, print, mechanical, synchronization and new media licensing. Fun Attic also offers song verification, and copyright registration of recordings, audio samplings & music videos and clearances.
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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