Grammy Nominated “We Dem Boyz”
Collect songwriter royalties from a catalog of hip-hop music highlighted by the Grammy nominated song “We Dem Boyz” by Wiz Khalifa
- Closed February 7, 2017
- Life-of-rights term
- Musical Composition
- BMI
About This Auction
- $18,052
- 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
- $46,000
- Bidding Increment
- $1,000
- Closing Price
- $82,000
- End Date
- February 7, 2017, 3:04 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
Invest in a catalog of hip-hop music highlighted by the Grammy nominated, certified Platinum song “We Dem Boyz” by Wiz Khalifa. 90% the catalog's income comes from “We Dem Boyz” and royalties for this song have increased 36% in the last 12 months over the previous. This catalog of nine songs earned a total of $18,052 in the last 12 months.
“We Dem Boyz” was released in 2014 as the lead single off of Wiz Khalifa's fourth album Blacc Hollywood. The song reached number 8 on Billboard's 10 Best Rap Songs of 2014 list. In 2015, “We Dem Boyz” was nominated for Best Rap Song at the Grammy Awards. The single was certified Platinum in June of 2016 by the Recording Industry Association of America (RIAA), meaning 1 million units were sold.
This song has also seen success in film, television, and sports. “We Dem Boyz” appeared in the 2015 film Southpaw and also has been featured in several TV shows, including Black-ish, Empire, Hawaii Five-O and The Mindy Project. Dallas Cowboys fans have embraced the song as their unofficial anthem since it's release in 2014 and “We Dem Boyz” became the official goal song for Team Canada during the 2016 World Cup of Hockey.
Today, the YouTube video for “We Dem Boyz” has over 209 million views and the daily views saw an increase in views in mid-2016. Wiz Khalifa has over 16 million monthly Spotify listeners and this song is in his top 5 most streamed songs. Wiz Khalifa continues to stay in front of his fans with several tour dates planned in the upcoming months. This is important, because every time “We Dem Boyz,” or any other song in this catalog, is performed at a concert, streamed, or used in a TV show or film, you will earn money.
What is being sold?
100% of the seller's interest the of royalties attributable to the 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 “We Dem Boyz,” 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
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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.