Spanish Pop Star Bustamante's “Vivir”

Description

Bid on 100% of seller’s songwriter royalties from the hit song “Vivir” performed by Spanish pop star David Bustamante. “Vivir,” a single on the album of the same name, was released in 2014. The album became #1 on the charts in Spain and reached Platinum status, meaning over 40,000 albums were sold.

In the last 12 months, the asset generated $7,549.27. The royalties will be distributed by SGAE, Spain's music rights organization.

What is being sold?

100% of Seller’s interest in the songwriter’s share of public performance and mechanical royalties attributable to the musical work “Vivir” performed by David Bustamante. These rights are administered by SGAE. SGAE will distribute the royalties to the winner of this auction on a quarterly basis. The next payment is scheduled for December 2016.

how does this asset make money?

Every time “Vivir” is played on Apple Music, Pandora, Spotify, or any other type of public performance, you earn royalties. Every time “Vivir” is covered by another artist, you earn money. Also, every time a copy of “Vivir” is downloaded, sold, or re-recorded, you earn royalties. SGAE collects royalties for public performance and mechanicals for all territories except the United States and Puerto Rico.

what is interesting about this asset?

David Bustamante is a Spanish pop singer and songwriter whose breakthrough came in 2001 when he won third place on the interactive musical reality TV show Operación Triunfo. The show achieved the highest audience ratings in the history of Spanish TV and helped launch Bustamante's musical career. He went on to sign with Vale Music Spain and Universal Music Latino and released his first album in 2002.

Bustamante's career is going on 14 years, and he has sold more than two million records - albums and singles combined - in Spain and Latin America. He has released nine albums, eight of which reached #1 in Spain. He was recently featured in an August Billboard article “Meet 6 Spanish Pop Stars Dominating Spain's Albums Chart” stating that he “has maintained his reputation as Spain’s answer to Ricky Martin for more than a decade.”

Bustamante's most recent album was released in June of this year, and he also announced the first dates to his 2016-2017 tour. This is important because the royalties available in the auction are for public performance, so if Bustamante performs “Vivir” at a concert, you earn a royalty. Additionally, tours and album releases are great ways for an artist to gain popularity, expand their fan base, and expose their fans to all of their songs and albums.

what rights are included?