Matoma & Gia “Heart Won’t Forget”
This single-song auction features hit dance/electronic track “Heart Won’t Forget” from Norwegian DJ Matoma featuring Gia.
- Closed November 14, 2018
- 10-year term
- $2,487 last 12 months
- Musical Composition
- Songwriter (World)
- BMI
About This Auction
- $2,487
- Track List
- Track List
- Musical Composition
- Interests Included
- Songwriter (World)
- Public Performance
- No
- Distributors
- BMI
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- 10 years*
- First Distribution
- January 18, 2019
- Distribution Frequency
- Quarterly
- Relist-Eligible?
- No
- Starting Price
- $4,800
- Bidding Increment
- $250
- Closing Price
- $8,050
- End Date
- November 14, 2018, 1:00 PM MST
- Buyer Fees
- $500‡
* Please see the FAQ tab for more information on the 10-year investment term.
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
Description
Up for auction is the single track “Heart Won’t Forget” from the internationally recognized Norwegian Tropical House DJ Matoma and featured collaborator Gia. In the last 12 months alone, this track collected nearly $2,500 in earnings.
Since its release in 2016, “Heart Won’t Forget” has shown impressive quarterly growth driven predominantly by international sources. Overseas earnings drive the success behind the track. The top countries include Norway, the UK, Finland, among dozens more.
Key Drivers
International. The majority of this catalog’s earnings come from abroad — at 81% of historical earnings. Although international royalty distribution can lag behind domestic payments and arrive with limited detail, as the winner of this auction you’ll be entitled to any past performance royalties paid by BMI, regardless of when they were earned.
Streaming. Any time “Heart Won’t Forget” is streamed on Spotify, Pandora, or Apple Music, you earn! On the streaming platform Spotify, artist Matoma has over 7.7 million monthly listeners, ranking in the top 500 in the world. The track “Heart Won’t Forget” itself has over 32 million streams and counting.
New Releases. Matoma just recently released a new album One in a Million in August of 2018. While the new songs are not included in this auction, new releases can help boost an artist's back catalog. The release of new music draws discovery among first-time listeners and re-engages existing fans.
Tour. Matoma is currently touring with dates through December 29, 2018. Tours give artists the chance to solidify their current fan base and expand their reach to new listeners.
About the Royalty Distributor
Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, SESAC & Global Music Rights. It collects license fees from music users on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed. For more information on BMI’s distribution schedule, click here.
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.
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