Streaming Hip-Hop Performance Royalties
Earn royalties for a 30-year term from rappers Reo Cragun and Gunplay.
- Closed March 27, 2020
- 30-year term
- Musical Composition
- Songwriter (World)
- ASCAP
About This Auction
- $1,132
- Dollar Age
- 2.54 Years
- Track List
- Track List
- Musical Composition
- Interests Included
- Songwriter (World)
- Public Performance
- No
- Distributors
- ASCAP
- Sources
- Internet Streaming, AM/FM & Satellite Radio, TV/Film/Commercial Performances, etc.
- 30 years*
- First Distribution (paid 30 days from receipt)
- April 6, 2020
- Distribution Frequency
- Quarterly
- Starting Price
- $3,500
- Bidding Increment
- $125
- Closing Price
- $6,750
- End Date
- March 27, 2020, 3:17 PM MDT
- Buyer Fees
- 1% of closing price or $500 (whichever is greater)‡
* Please see the FAQ tab for more information on the 30-year investment term.
‡ Become a Royalty Exchange All Access Investor to waive auction fees and enjoy additional exclusive benefits.
Description
This catalog includes tracks from rising hip-hop star Reo Cragun, as well as a strong single from rapper Gunplay.
LISTING HIGHLIGHTS:
- 30-Year Investment Term
- Streaming-driven
FINANCIAL HIGHLIGHTS:
Streaming accounts for 64% of the catalog’s last 12 months’ earnings and 62% of all-time earnings, indicating streaming as a consistent source.
Earnings are rooted in songs across the catalog—no one song contributes more than 29% of the last 12 months’ royalties.
ABOUT THE CATALOG:
While “On My Way” by Reo Cragun is the top-earner over the last 12 months, this catalog also generated considerable earnings from “Inconsiderate” (Reo Cragun) and “Bible on the Dash” (Gunplay) at 16% and 11% of the last 12 months, respectively.
Tracks like “Prom Night,” another Reo Cragun track, showed some year-over-year growth and the remainder of the catalog continues to contribute more significantly to earnings as time goes on.
Key Drivers
Hip-Hop & Streaming. Hip-Hop & Streaming. Hip-Hop/Streaming. This catalog is a perfect example of two trends: hip-hop and streaming's growth worldwide. According to BuzzAngle's 2019 Year End Report, hip-hop is the most popular genre of music in the U.S. The driver for the increase is streaming. Six out of the top 10 streamed songs were hip-hop/rap and 52 out of the top 100 most streamed songs were hip-hop/rap.
About the Royalty Distributor
American Society of Composers, Authors and Publishers (ASCAP) is one of four United States performing rights organizations, along with BMI, 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 ASCAP’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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