Global Pop From Sigala
Collect public performance revenue from this pop catalog featuring the “Came Here For Love” from DJ Sigala and singer Ella Eyre.
- Closed January 21, 2020
- 10-year term
- $3,448 last 12 months
- Musical Composition
- Songwriter (U.S. Only)
- ASCAP
About This Auction
- $3,448
- Dollar Age
- 2.27 Years
- Track List
- Track List
- Musical Composition
- Interests Included
- Songwriter (U.S. Only)
- Public Performance
- No
- Distributors
- ASCAP
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- 10 years*
- First Distribution (paid 30 days from receipt)
- April 6, 2020
- Distribution Frequency
- Quarterly
- Starting Price
- $7,000
- Bidding Increment
- $350
- Closing Price
- $16,450
- End Date
- January 21, 2020, 3:03 PM MST
- Buyer Fees
- 1% of closing price or $500 (whichever is greater)‡
* 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.
Description
This global pop/electronic collection is highlighted by the hit song “Came Here For Love” from popular DJ Sigala and English artist Ella Eyre. Royalty Exchange investors previously acquired the publishing and the international songwriting royalties for this catalog. Now up for bid is the domestic (United States) income for a 10-year term.
“Came Here For Love” is off Sigala’s debut studio album Brighter Days. The song is one of six UK Top 10 singles off the 2017 album, peaking at No. 6. The tropical house track was a global hit going Platinum in the United Kingdom and Gold in Italy and Australia. “Came Here For Love” accounts for 97% of last year’s revenue and to date has nearly 232 million spins on Spotify.
Streaming income makes up 66% of this offering’s royalties in the last 12 months, and royalties have remained rather stable year-over-year. Apple Music is the leading streaming platform, with 28% of last year’s total revenue. TV/Film royalties are also up, as “Came Here For Love” was placed in the feature film Pitch Perfect 3, and the reality TV show Dancing With The Stars.
Also included in this collection is 2016’s “When The Bassline Drops” from Craig David and British rapper Big Narstie.
Key Drivers
Streaming Growth in The United States. According to BuzzAngle's 2019 Year-End Report, on-demand streams set a new record high again with 705 billion, up 32% compared to 2018. On-demand streaming now represents 85% of all music consumption in the United States. This is good news for you as the investor, as 66% of this catalog’s income comes from streaming platforms.
Active Tour. Sigala is currently touring in Europe with dates through March 2020. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners.
TV/Film Placements. This catalog benefits from placements in TV/Film because “Came Here For Love” is placed in the feature film Pitch Perfect 3 and was also featured on Dancing With The Stars. Every time either program air on TV or are streamed on-demand, a royalty is generated. As the winner of this auction, you'll collect the performance royalties for the song's use in TV/Film for the next 10 years.
About the Royalty Distributor
American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’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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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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