Indie Folk Single: “Letting In”

Description

This single song auction features growing sales and streaming royalties generated by the hit single “Letting In” from the eclectic indie-folk artist Beauville. If you win this auction, you will earn money from the streams and downloads of the track.

Streaming dominates the sound recording royalties generated by "Letting In.” Spotify leads the way with those streaming earnings with 95% of income last year. What's more is these royalties are on the rise, growing 47% year-over-year. Interestingly, “Letting In” has just become available on Apple Music. Earnings from that platform will begin to roll in with upcoming distributions.

Released in 2015, “Letting In” pays homage to a unique blend of acoustic-guitar and digital beats, courtesy of hit producer NoMBe.“Letting In” currently buffers over 11 million Spotify plays with Beauville boasting an average of over 130,000 monthly listeners.

Key Drivers

Spotify. Looking at Beauville's Spotify data, the artist's listeners, streams, and followers all have steadily increased since 2015. This is good news for you as an investor. Since Spotify is the highest-earning income source for the single. 

Note: Artist data provided by Spotify.

For reference, Spotify classifies “Listeners” as the number of unique persons listening to music, which can indicate a measure of the artist's popularity. “Streams” is the number of times the song is played for at least 30 seconds. “Followers” are listeners who follow the artist on Spotify and receive updates/release news on the artist.

Dollar Age This offering has a Dollar Age of 4.18. “Letting In” was released in 2015, and royalties continue to grow thanks to Beauville’s Spotify following. A high Dollar Age like this suggests stability and longevity.

WHAT IS BEING SOLD?

The seller's interest in all royalties (except synchronization, and non-interactive digital performance royalties collected by SoundExchange), attributable to the sound recordings listed in the Track List noted above. 

About the Royalty Distributor

TuneCore is a New York-based independent digital music distribution service, founded in 2005. TuneCore offers musicians and other rights-holders the opportunity to distribute and sell or stream their music through online retailers such as iTunes, Spotify, Amazon Music, Google Play, Tidal, and others.