Hit K-Pop, R&B, and Pop Royalties

Description

What do R&B legend Charlie Wilson and K-Pop have in common? This catalog of public performance royalties…

FINANCIAL HIGHLIGHTS:

International income accounts for 62% of the last 12 months’ earnings. Notably, these foreign earnings remained consistent year-over-year. This international revenue stems from royalties earned outside the United States combining income from radio, streaming platforms, TV/Film, and other sources. Domestic streaming grew 8% compared to the prior timeframe. 

ABOUT THE CATALOG: 

The top-earning track (37%) in the last year is “Na Ya Na,” from the contestants on popular Korean boy-band reality show Produce 101. The track was released as a single on March 9, 2017, landing at No. 9 the Gaon Digital Chart (the music industry standard chart for South Korean singles). It also earns through its use as the theme song for Season 2 of the show and via its re-release from the show’s winning group Wanna One on their debut 2017 album, 1X1=1 (To Be One).

Another notable title is the 2016 release “I’m Blessed” by R&B legend and 13x Grammy nominee Charlie Wilson featuring hip-hop superstar T.I., which brought in over 30% of the last 12 months income. 

Also included in this catalog is “I’ll Be Yours,” by South Korean group Girl’s Day. This track that rose to the No. 3 spot on the Gaon Digital Chart and contributed 12% of the last 12 months’ earnings. The group’s collective celebrity has been considered one of the most influential in Korea, and, in 2016, Forbes magazine Korea ranked individual group member Hyeri as the third-most influential.

Finally, the catalog contains additional works by Charlie Wilson, as well as “Girl in the Mirror” by Sophia Grace, and other titles from Jesse Campbell, Claydee, and I.O.I.

Key Drivers

International Earnings. The majority of this catalog’s earnings come from abroad — at 62% of last year’s earnings. As the winner of this auction, you’ll be entitled to any past performance royalties paid by ASCAP, regardless of when they were earned. As this collection earns primarily from countries outside the United States, it’s important to note that international earnings can often be reported to distributors with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.

K-Pop. 2018 was the year of K-pop’s undeniable rise to a globally recognized industry, according to Forbes. Korean pop acts first began to go viral over a decade ago with the emergence of YouTube. As a result, the Korean music industry has grown in recognition and popularity in both Asia and around the globe. K-Pop now has an audience in the United States, Europe, the Middle East, and South America, and other Asian markets, including Japan.

According to IFPI 2019 Music Listening Report, K-Pop is now ranked as the seventh most- popular genre globally. This is rather notable as the 2018 report published in October 2018 did not include K-pop in their top genre list, suggesting that the K-Pop revolution may have only just begun. You could benefit from the genre’s potential rising popularity with this catalog.

Streaming Growth in 2018. The streaming industry is seeing growth in itself, in fact, according to the 2018 RIAA Mid-Year Report, streaming music accounts for 75% of the music industry's revenue. This collection offers investors the unique opportunity to invest in the overarching positive trend and impact of streaming services.