Pop Princess Britney Spears
Invest in songwriter royalties for a catalog highlighted by Britney Spears' hit club track “Work B*tch”
- Closed March 2, 2017
- Life-of-rights term
- Musical Composition
- SESAC
About This Auction
- $8,259
- Musical Composition
- Public Performance
- No
- Distributors
- SESAC
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- First Payment
- June 2017
- Fees
- None
- Starting Price
- $24,000
- Bidding Increment
- $500
- Closing Price
- $51,500
- End Date
- March 2, 2017, 3:05 PM MST
Description
This is a unique chance to invest in songwriter royalties from music by pop princess Britney Spears. Named “one of the most bankable musical stars on the planet” according to a recent Forbes article, Spears has both historical and current relevancy as an artist. Her three-year Las Vegas residency is one of the Strip's most successful musical endeavors, surpassing $100 million in revenue, named “Best of Las Vegas” in 2015, and now is extending into the fall of this year.
In the past 12 months, this catalog has generated $8,259. Up for auction is 100% of the of royalties for a catalog of 12 songs, including tracks from Spears' eighth studio album, Britney Jean, as well as songs by Nicole Scherzinger, David Guetta featuring Jennifer Hudson, Pitbull, and more.
Spears' comeback hit “Work B*tch” generates 88% of the earnings. The song came out in 2013 as the lead single on Britney Jean and debuted at number 12 on the Billboard Hot 100, Spears' 31st song on the chart. "Work B*tch" reached the top 10 charts in several other countries, including Canada, France, and the United Kingdom, and is her second most streamed song on Spotify. Earn money every time “Work B*tch” or any of the 12 songs in this catalog is streamed, played on the radio, or enjoys any other type of .
What is being sold?
100% of the seller's interest in the of royalties attributable to select musical works in the seller's catalog of songs administered by SESAC. See the “Financials” tab for a full track list.
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 “Work B*tch” or any song in this catalog, is played on the radio, iTunes, Pandora, Spotify, or any other type of , you earn royalties. SESAC makes payments quarterly. The seller will receive the March 2017 payment and the winning bidder will begin collecting royalties in June 2017.
About the Royalty Distributor
Since established in 1930, SESAC Performing Rights has become the nation’s most innovative PRO. In a strategic move to become the United States’ only Music Rights Organization, SESAC acquired Rumblefish, a leader in micro-licensing, and the Harry Fox Agency (HFA), the leading U.S. mechanical rights organization. SESAC currently licenses the s of more than 400,000 songs on behalf of its 30,000 affiliated songwriters, composers and music publishers.
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.