Invest in Latin America's Surging Music Market
Bid on the writer's share of royalties for a catalog 50 songs, including smash hits from the Latin Grammy Award-winning band Reik. This is the opportunity to own assets from a top musician from Latin America. According to Statista, music revenue across Latin America is expected to increase 12.5% annually for the next 5 years, driven by the growth of streaming services in those markets. The catalog includes Reik's album Un Día Más, which won the 2009 Latin Grammy Award for Best Pop Album by a Duo or Group with Vocals. The album went Platinum in Mexico and has sold 80,000 copies.
- Closed July 14, 2016
- Life-of-rights term
About This Auction
- Total Bids
- 24
- Past 12 Month's Royalties
- $13,679
- Starting Price
- $50,000
- Bidding Increment
- $1,000
- Closing Price
- $71,000
- End Date
- July 14, 2016, 3:25 PM MDT
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.