Hip-Hop Royalties Featuring City Girls
Get in on the ground floor with public performance royalties generated by new releases.
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- Closed June 30, 2020
- Life-of-rights term
- Musical Composition
- Songwriter (World)
- BMI
About This Auction
- $5,384.00
- Dollar Age
- 1.45 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 18, 2020
- Distribution Frequency
- Quarterly
- Starting Price
- $10,500
- Bidding Increment
- $300
- Closing Price
- $16,200
- End Date
- June 30, 2020, 1:00 PM MDT
- Buyer Fees
- 1% of closing price or $500 (whichever is greater)‡§
‡ Investors placing the opening bid on any listing pay no buyer fee if they win the resulting auction, a savings of 1% off the final price (minimum $500). All Access members who already receive this discount will be rewarded with a cash rebate equal to the buyer fee.
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Description
This catalog features four recently released tracks from the American hip-hop duo City Girls.
FINANCIAL HIGHLIGHTS:
This group of songs has collected four quarters of payments to date — 95% of those royalties came from streaming services. This coincides with typical earnings trends for the hip-hop genre.
Apple Music leads the way as the top-streaming service with 63% of total returns.
ABOUT THE CATALOG:
A hip-hop duo hailing from Florida and consisting of members Yung Miami and JT, City Girls began to generate significant attention after an appearance on Drake’s 2018 hit, “In My Feelings.” That same year, the duo dropped both a mixtape (Period) and their debut studio album, Girl Code.
This catalog features four tracks from the group — two from each of the above-mentioned albums. “Clout Chasin’” is the top-earner in the group and is responsible for 44% of royalties. It’s followed by “Tighten Up,” bringing in in 35% over the same period. The remaining two tracks — with “Swerve” and “Clear the Air” — account for the remaining earnings.
Key Drivers
Hip-Hop & Streaming. 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.
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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