Kid Ink “Money and the Power”
Collect public performance, mechanical, and sync royalties from Kid Ink's “Money and the Power”
- Closed March 22, 2017
- Life-of-rights term
- Musical Composition
- The Administration MP
About This Auction
- $3,641
- Musical Composition
- Mechanical, Public Performance, Sync
- No
- Distributors
- The Administration MP
- Sources
- Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc.
- Life of author + 70 years
- First Payment
- May 2017
- Fees
- None
- Starting Price
- $7,500
- Bidding Increment
- $250
- Closing Price
- $19,750
- End Date
- March 22, 2017, 3:00 PM MDT
Description
Invest in three different royalty streams from the hip-hop song “Money and the Power” by Kid Ink. Up for auction is the of , mechanical, and sync royalties. In the past 12 months, these royalty streams generated $3,641 in income.
“Money and the Power” was released in 2013 as the second single from Kid Ink's EP, Almost Home, in 2013. The song was later included on the deluxe edition of his studio album, My Own Lane, which is certified Gold by the Recording Industry Association of America meaning 500,000 units have been sold. Kid Ink continues to release new music and his latest single came out in February of this year. He is actively touring, with over 20 tour dates scheduled through the spring.
“Money and the Power” has seen successful sync placements, appearing on on HBO's series “Hard Knocks” and on the soundtrack to the NBA Live '14 videogame. The song was also one of the theme songs for World Wrestling Entertainment's signature pay-per-view event, Wrestlemania 31, during which Kid Ink performed with Skylar Grey and Travis Barker. WWE reported that the show was the highest grossing WWE event ever, drawing a revenue of $12.6 million. This auction includes sync royalties so you will earn money from future placements and performances like these. Not only that, but since and are also included, you will earn money every time “Money and the Power” is streamed, downloaded, purchased or re-recorded.
What is being sold?
100% of the seller's interest in the of , sync, and attributable to the musical work "Money and the Power," currently paid by The Administration MP, Inc.
How does this asset make money?
Every time “Money and the Power” is streamed, downloaded, purchased, re-recorded, or used in a television show, movie, or commercial, you'll earn royalties. The Administration MP will distribute the royalties to the winner of this auction on a quarterly basis. The Administration MP's next payment is scheduled for May 2017.
About the Royalty Distributor
The Administration MP is a music publishing service for songwriters, producers, beat-makers, and artists. The Administration MP registers, licenses, administers, and most importantly, collects royalties around the world, for their customers.
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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Media
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Videos, audio and images from the catalog.