Platinum Hip-Hop Hit “Blasé”
Collect songwriter royalties from the certified Platinum song “Blasé” by hot hip-hop artists Ty Dolla $ign featuring Future & Rae Sremmurd
- Closed March 10, 2017
- Life-of-rights term
- Musical Composition
- BMI
About This Auction
- $3,698
- Musical Composition
- Public Performance
- No
- Distributors
- BMI
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- First Payment
- March 2017
- Fees
- $500 BMI Payee Account Fee*
- Starting Price
- $5,500
- Bidding Increment
- $250
- Closing Price
- $15,000
- End Date
- March 10, 2017, 3:11 PM MST
*BMI charges a one-time fee of $500 to open a new payee account, which will be debited from the payee's first royalty distribution. Once opened, multiple royalty streams can be routed to the buyer's payee account. If you already have a BMI payee account, there is no fee.
Description
Bid on royalties from a Platinum hit song by popular artists on today's hip-hop scene. This single song auction is for 100% of the songwriter's public performance royalties from "Blasé" by Ty Dolla $ign featuring Future and Rae Sremmurd. Released in June of 2015, the song has earned $3,698 in the last 12 months.
"Blasé" is the second single off of Ty Dolla $ign's debut studio album, Free T. The single is certified Platinum by the Recording Industry Association of America, meaning over a million units have been sold. "Blasé" features Atlanta rapper Future and hip-hop duo Rae Srummurd. Future just made music history on March 6th when Billboard announced he is the first artist in the chart's history to not only achieve two back-to-back number one albums but also to replace himself at the top of the chart. The duo Rae Srummurd came into the spotlight at the end of 2016 with their song “Black Beatles” which spent seven weeks at number one on the Billboard Hot 100 chart. This isn't Ty Dolla $ign's first collaboration with popular artists, he joined Nicki Minaj on Jason Derulo's latest single “Swalla” which was released last month.
"Blasé" is Ty Dolla $ign's third most popular song on Spotify with over 66 million streams and the YouTube video has viewed more than 46 million times. Bid now to earn money every time "Blasé" is streamed on Spotify, YouTube, or any other type of public performance.
What is being sold?
100% of the seller's interest in the of royalties attributable to the musical work "Blasé."
BUYBACK OPTION
The seller has the option to repurchase the royalty share from the winning bidder during the first three years after the sale for 150% of the final auction price.
How does this asset make money?
Every time “Blasé" is played on the radio, iTunes, Pandora, Spotify, or any other type of , you earn royalties. BMI makes payments quarterly and the next BMI distribution is March 2017.
About the Royalty Distributor
BMI represents more than 10.5 million musical works created and owned by more than 700,000 songwriters, composers and music publishers. BMI supports businesses and organizations that play music publicly by offering blanket music licenses that permit them to play more than 10.5 million musical works.
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.