Songs from Mutemath's Back Catalog
Earn public performance royalties for a catalog of music including songs by the alternative rock band Mutemath.
- Closed September 18, 2017
- Life-of-rights term
- Musical Composition
- ASCAP
About This Auction
- $2,981
- Musical Composition
- Public Performance
- No
- Distributors
- ASCAP
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- Life of author + 70 years
- First Payment
- October 2017
- Starting Price
- $8,000
- Bidding Increment
- $250
- Closing Price
- $24,250
- End Date
- September 18, 2017, 3:00 PM MDT
- Buyer Fees
- $75 ASCAP Assignment Fee
*A one-time ASCAP reassignment fee of $75 will be added to the final sale price on the invoice.
Description
This auction features public performance royalties from a catalog that includes songs by the alternative rock band Mutemath. The highest earning songs in the catalog come from Mutemath's third and fourth albums, Odd Soul (2011) and Vitals (2015). In all, the catalog earned $2,981 in the last 12 months.
Two songs in this catalog charted in Billboard's Top Alternative Songs Chart. “Blood Pressure” spent 12 weeks on the chart in 2011 and reached #28. “Monument” spent 3 weeks on the chart in 2015 and reached #35. Although “Monument” is less than two years old, it is already the highest earning song in this catalog.
One interesting note is that Mutemath just released a new album on September 8th, and is currently out on tour promoting the album. Songs from the new album are not included in this auction, but new album releases and tours can often drive interest in a band's back catalog.
Another thing to mention is that music from this catalog has been popular with TV programmers. 44% of the catalog's earnings come from TV and film placements. TV shows include Jimmy Kimmel Live and The Tonight Show, as well as ESPN/ABC's college football programming. You'll earn royalties every time new TV programming uses songs from this catalog as well.
Key Driver
New Album, New Tour. Mutemath's new album, Play Dead, was just released on September 8. Their new tour supporting the album began on September 14. New albums and tours can help reinvigorate artists' back catalogs, because the release of new music draws interest from first time listeners and also reengages existing fans. To read more about how new releases affect artists' back catalogs, click here.
What is being sold?
100% of the seller's interest in the of royalties attributable to the listed in the track list available for download in the “Financials” tab.
IMPORTANT NOTE: Possession of the songwriter’s portion of this asset must be taken via a trust, which is required due to ASCAP’s assignment policy. Please see the Post-Auction Process tab for further information.
How does this asset make money?
Every time “Monument” or any song in this catalog is played on the radio, streamed on the internet, appears in a TV or movie (or any other type of ), you earn royalties. ASCAP makes payments quarterly and the first distribution you will receive is October 2017.
About the Royalty Distributor
ASCAP is the American Society of Composers, Authors and Publishers. It is a membership association of more than 575,000 composers, songwriters, lyricists and music publishers of every kind of music. ASCAP also represents music creators worldwide through agreements with affiliated international societies.
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.