Hip-Hop Catalog, Featuring Bounce Music
Invest in this catalog of bounce music, a southern style of hip-hop, that's seen growth in 2016 and includes a song used in the HBO series Treme.
- Closed June 28, 2017
- Life-of-rights term
- Musical Composition
- BMI
About This Auction
- $1,785
- 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
- September 2017
- Fees
- $500 BMI Payee Account Fee*
- Starting Price
- $4,000
- Bidding Increment
- $150
- Closing Price
- $12,700
- End Date
- June 28, 2017, 3:19 PM MDT
*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
Up for bid is a catalog featuring hip-hop tracks performed by Sissy Nobby. This asset has generated $1,785, over the last 12 months. The catalog's royalties increased each quarter in 2016, which can be attributed to Pandora and YouTube earnings.
This catalog features bounce music. What is that? It's an energetic style of a southern hip-hop that originated in New Orleans in the 1980s. Bounce music is known for it's call-and-response-style along with Mardi Gras Indian chants. Although mostly popular in the Deep South, bounce music has influenced mainstream artists. For example, Beyoncé's 2016 hit, "Formation" features a bounce style.
The earnings from this catalog are primarily from streaming sources , which includes YouTube, Pandora and Spotify. Streaming accounts for 60% of the historic revenue, with TV bringing in 33% of royalties. Finally, it's not surprising that a song from this catalog landed in the HBO's original series Treme, which is set in New Orleans. “Yippy” was placed in the second episode of Season 2 of Treme and is the catalog's highest earning track.
Key Drivers
Royalties from streaming make up 60% of this catalog's income. YouTube and Pandora drive the earnings, with a four quarter growth rate of over 200%. Streaming royalties aren't just growing for this catalog, they are increasing worldwide. According to an RIAA report, in 2016 on-demand streaming subscription revenues increased by over 100%, with ad-supported free streaming (Pandora), growing by 68%.
What does this mean for you? The track “Josephine Beat” is the catalog's highest earning song on YouTube with over 1.6 million views. Every time the video plays on YouTube, you'll earn a royalty.
What is being sold?
100% of the seller's interest in the of royalties attributable to the seller's catalog of musical works in the seller's catalog of songs administered by BMI. See the “Financials” tab for a full track list.
How does this asset make money?
Every time “Yippy” or any song in this catalog, is played on Pandora, TV or YouTube, or any other type of , you earn royalties. BMI makes payments quarterly and the first distribution you will receive is September 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.
Similar Auctions
Take a look at a few past auctions for similar hip-hop catalogs:
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
Log in to see the financials
Earnings over time, and where they came from.
FAQ
Log in to read the FAQ
Answers about the term, the bidding and the royalties.
Media
Log in to see the media
Videos, audio and images from the catalog.