K-Pop & J-Pop Royalties

Description

This offering features earnings from popular K-pop and J-Pop groups EXO and TWICE, and other genre leaders. We recently auctioned the publishing side of this catalog. Now you have the opportunity to bid on the songwriter’s public performance royalties for the same songs.

As a result of its worldwide appeal, 99% of this asset’s income came from international sources. These foreign royalties include radio, streaming, and TV/Film from outside the United Kingdom. The leading contributors are Korea and Japan accounting for 91% of historic earnings.

This offering’s top-producing track is “Run This” from K-pop group EXO, bringing in 26% of last year’s revenue. Released in 2017, “Run This” is off EXO’s Japanese certified-Gold album Countdown. The album itself peaked at No.1 on Billboard Japan’s Albums Chart and No. 4 on Billboard’s World Albums chart.

Other titles included are 2017’s “100 Degrees” from J-Pop group The Rampage from Exile Tribe, “Only You” from Japanese girl group TWICE, “Cherish” from South Korean band Exo-CBX, and “Coloring Book” performed by South Korean girl group Oh My Girl.

Key Drivers

K-Pop Genre. 2018 was the year of K-pop’s undeniable rise to become 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 Nielsen, for the first time ever, songs by multiple K-Pop acts achieved success on the Billboard Hot 100 and other charts, suggesting the K-Pop revolution may have only just begun.

Diversity in Song Income Mix. Revenues are also widely distributed — the single highest-earning song “Run This” only accounts for 26% of last year’s revenue. This means the catalog’s earnings are not tied to the success of a single track and provides built-in diversification.

International Earnings. The majority of this catalog’s earnings come from abroad — at 99% of historical earnings. As the winner of this auction, you’ll be entitled to any past performance royalties paid by PRS, regardless of when they were earned.

Since this collection earns primarily from South Korea and Japan, it’s important to note that royalty distribution can lag behind domestic (U.K.) payments and arrive with limited detail. These international earnings often include income from radio, streaming platforms, and TV/Film.