Hip-Hop Royalties: DaniLeigh’s “Lil Bebe”
This single-song listing offers public performance income generated by the 2018 single “Lil Bebe” from hip-hop artist DaniLeigh.
- Closed January 27, 2020
- Life-of-rights term
- $15,745 last 12 months
- Musical Composition
- Songwriter (World)
- BMI
About This Auction
- $15,745
- Dollar Age
- 1.56 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)
- March 20, 2020
- Distribution Frequency
- Quarterly
- Starting Price
- $27,000
- Bidding Increment
- $1,500
- Closing Price
- $40,500
- End Date
- January 27, 2020, 3:00 PM MST
- Buyer Fees
- 1% of closing price or $500 (whichever is greater)‡
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
Description
Here we have an opportunity to earn from a newly released track for the lifetime of the copyright. Up for bid are royalties from DaniLeigh’s hit single “Lil Bebe,” featuring Lil Baby
Released in 2018 off DaniLeigh’s debut album The Plan, “Lil Bebe” received notable radio airplay and was Gold-certified by the RIAA. As the winning bidder, you will collect all future royalties earned by the track’s performances, including radio play.
Streaming leads the song's earnings with 51% of last year’s revenue. In fact, “Lil Bebe” is currently ranked as DaniLeigh’s most popular song on Spotify with over 60 million plays, while the music video has close to 65 million views. Radio is the second highest-earning income source with 38% of profits to date.
DaniLeigh is a rising artist in the world of female hip-hop. Her career breakthrough came after working with Prince on the music video for his 2013 single “Breakfast Can Wait.” She was then was signed to Def Jam Records in 2017, releasing her debut album The Plan in 2018. She's also had prominent collaborations with G-Eazy and Chris Brown.
Key Drivers
Hip-Hop/Streaming. This catalog is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2019 Year End Report, hip-hop is the most popular genre of music in the U.S. The driver for the increase is streaming. Six out of the top 10 streamed songs were Hip-Hop/Rap and 52 out of the top 100 most streamed songs were hip-hop/rap. Streaming accounts for 51% of this catalog’s earnings over the last 12 months.
New Releases. DaniLeigh released a new single “My Present” in December 2019. While the new song is not included in this auction, new releases can help boost an artist's back catalog. The release of new music draws discovery among first-time listeners and re-engages existing fans.
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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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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