Contemporary Christian Catalog
Invest in public performance royalties generated by a Top 10 contemporary Christian hit “What a Friend,” from vocalist Matt Maher.
- Closed August 12, 2019
- Life-of-rights term
- Musical Composition
- Songwriter (World)
- BMI
About This Auction
- $13,752
- Dollar Age
- 2.26 Years
- Track List
- Track List
- Musical Composition
- Interests Included
- Songwriter (World)
- Public Performance
- No
- Distributors
- BMI
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- First Distribution: (paid 30 days from receipt)
- September 20, 2019
- Distribution Frequency
- Quarterly
- Starting Price
- $45,000
- Bidding Increment
- $1,300
- Closing Price
- $51,500
- End Date
- August 12, 2019, 1:05 PM MDT
- Buyer Fees
- $500‡
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
Description
Submit a bid for this contemporary Christian catalog featuring the hit single “What a Friend” from Grammy-nominated Christian artist Matt Maher, along with songs from Christian pop band I Am They.
The foundation of this offering is “What a Friend” performed by Matt Maher — accounting for 92% of last year’s income. “What a Friend” was released as the second single from the 2017 album Echoes. The album itself was nominated for Best Contemporary Christian Album at the 60th Grammy Awards.
“What a Friend” had immediate success on Christian radio, peaking at No. 10 on Billboard’s Hot Christian Songs chart and spending an impressive 26 weeks on the overall chart. The single earns primarily from radio with 82% of income in the last year. On the streaming front, “What a Friend” has close to 5 million spins on Spotify.
The other top-contributing tracks come from the Christian band I Am They. The catalog includes nine songs from the band’s self-titled, 2015 album I Am They, which charted well on Billboard Christian Albums charts at No. 10.
Key Drivers
Radio. Radio is the largest source of revenue for the catalog accounting for 71% of historic royalties. Although radio royalties are still being generated, they could eventually level off. Typically, songs that experience significant radio play can often build a foundation for other types of income, such as streaming.
Active Touring. Both Matt Maher and I Am They have active tours scheduled in 2019. Matt Maher has tour dates booked through fall 2019. In fact, this catalog has also benefitted for live performances by Matt Maher for “What a Friend” in the last year. I Am They has numerous shows on scheduled through November 2019. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners which can help boost an artist’s back catalog.
About the Royalty Distributor
Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, SESAC & Global Music Rights. It collects license fees from music users on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed. For more information on BMI’s distribution schedule, click here.
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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Media
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