Recent Hip-Hop Releases
Earn songwriter royalties from recent releases by popular hip-hop artists TK-N-Cash and Kevin Gates.
- Closed April 5, 2017
- Life-of-rights term
- Musical Composition
- BMI
About This Auction
- $11,621
- 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
- June 2017
- Fees
- $500 BMI Payee Account Fee*
- Starting Price
- $9,000
- Bidding Increment
- $500
- Closing Price
- $19,000
- End Date
- April 5, 2017, 3:01 PM MDT
*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
Collect royalties from songs released over the last two years by hot hip-hop artists TK-N-Cash and Kevin Gates. This catalog has generated four consecutive quarters of royalty payments so far. The songs have collected $11,621 in that time, with the majority of earnings coming from radio performance royalties.
The hit song “3 Times In A Row” makes up 92% of earnings, performed by the hip-hop duo TK-N-Cash. Released in 2015, the song earned notable royalties during the first quarter of 2016 as a result of its strong domestic radio performance. While radio royalties tend to level off after the initial spike following release, digital earnings can provide a nice offset over time. “3 Times In A Row” has a solid Spotify presence with over 17 million listens, as well as growing YouTube views. Since this is auction is for public performance royalties, both of these sources contribute to your royalty stream.
The catalog also includes Kevin Gates' “Great Example” from his 15th mixtape Murder For Hire 2. The album debuted at #12 on the Billboard 200 when released in May of 2016. Kevin Gates shot onto the mainstream music scene last year with the release of his Platinum-certified studio album Islah, which reached No. 2 on the Billboard 200. Gates' new found popularity will continue to grow with his summer 2017 tour. Tours give artists a chance to expose new listeners to their music and increase their fan base.
Key Drivers
Radio is frequently a launching point for a song. Songs that get radio play often build a foundation of streaming and other types of income as the radio winds down. If you want to check out a similar asset, take a look at this past listing.
What is being sold?
100% of the seller's interest in the of royalties attributable to select musical works in the seller's BMI catalog. See the “Financials” tab for a full track list.
How does this asset make money?
Every time “3 Times In A Row” or any song in this catalog, is played on the radio, Pandora, Spotify or any other type of , you earn royalties. BMI makes payments quarterly and the first distribution you will receive is June 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.