Streaming-Driven Hip-Hop Prodigy Kaiydo
Bid now for your chance to collect royalties from the streaming-driven hip-hop artist Kaiydo’s hit single “Fruit Punch” and more.
- Closed August 17, 2018
- 10-year term
- $3,652 last 12 months
- Musical Composition
- Songwriter (World)
- BMI
About This Auction
- $3,652
- Track List
- Track List
- Musical Composition
- Interests Included
- Songwriter (World)
- Public Performance
- No
- Distributors
- BMI
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- 10 years*
- First Distribution
- September 14, 2018
- Distribution Frequency
- Quarterly
- Relist-Eligible?
- Yes
- Starting Price
- $7,500
- Bidding Increment
- $350
- Closing Price
- $14,500
- End Date
- August 17, 2018, 1:00 PM MDT
- Buyer Fees
- $500‡
* Please see the FAQ tab for more information on the 10-year investment term.
‡ Auction fees are waived on Buy It Now listings
Description
This catalog is on the rise! Up for auction is a unique opportunity to earn from the hit single “Fruit Punch” from up-and-coming hip-hop artist Kaiydo, and more. After gaining recognition through the online streaming platform SoundCloud, Florida native Kaiydo came onto the scene in 2016 with this hit. The track has tallied up over 1 million views YouTube video, and made up 83% of this catalog’s earnings in the last 12 months.
This listing also includes the track “Atlantis (Remix)” which features both Kaiydo and Bridgit Mendler, known for her early 2000’s start as an actress on Disney Channel. Mendler claims an impressive following on Spotify, averaging over 1.6 million listeners per month. Stereogum called “Atlantis (Remix)” one of The Top 40 Pop Songs of 2016. The song alone contributes to 19% of this catalog’s royalties to date.
Kaiydo has since appeared at such music festival as Bonnaroo Music and Arts Festival, the Firefly Festival, and Electric Forest during 2017. Live performances expose Kaiydo to a variety of new fans, and benefit you as the winning investor.
Key Drivers
Hip-Hop & Streaming. Hip-hop overtook rock in 2017 as the most popular genre of music in the U.S. Now, in the first half of 2018 it accounts for 31% of all music consumption. According to the Nielsen report, total consumption of Urban songs (Hip-Hop/Rap and R&B) grew by 18% in both sales and streams.
This catalog is a perfect example of these two trends: hip-hop and streaming's growth worldwide. Streaming accounts for 81% of this catalog’s earnings over the last 12 months and these earnings are growing!
On Spotify, artist Kaiydo has over 213,000 monthly listeners. The track “Fruit Punch” alone has over 19 million streams and counting. In the last 12 months, “Fruit Punch” collected over double what it earned in the preceding year.
About the Royalty Distributor
Broadcast Music, Inc. (BMI) is one of four United States performing rights organizations, along with ASCAP, SESAC & Global Music Rights. It collects license fees from music users on behalf of songwriters, composers, and music publishers and distributes them as royalties to those members whose works have been performed. For more information on BMI’s distribution schedule, click here.
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.
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