Wiz Khalifa Catalog with Annual Growth

This catalog of 90+ songs includes music from Wiz Khalifa's No. 1 Grammy nominated album, Blacc Hollywood, songs by Chris Brown, Ludacris, A$AP Ferg, Machine Gun Kelly, and more.

Closed April 14, 2017

Life-of-rights term

Musical Composition
BMI

About This Auction

: $8,321

: 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: $24,000
Bidding Increment: $500
Closing Price: $56,500
End Date: April 14, 2017, 1:09 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 growing royalties from a catalog of over 90 songs, highlighted by music from hip-hop artist Wiz Khalifa. Yearly royalties have increased in both 2014 and 2015. As for 2016, earnings for Q4 have not even been distributed yet, but the year's first three quarters are already higher than the total earnings of 2015.

Making up over half the catalog's income are songs from Wiz Khalifa's fifth studio album Blacc Hollywood. The album debuted at No. 1 on the Billboard 200 chart upon its release in 2014. Blacc Hollywood received a Grammy nomination for Best Rap Album that same year and is certified Gold.

From Blacc Hollywood, the Gold single “Ass Drop” contributes 37% of the catalog's earnings. From the same album, “Promises” and “KK” are the second and third highest contributors, respectively. Not only have these three songs brought in notable royalties, but all three have grown year over year.

Wiz Khalifa has tour dates scheduled throughout the summer, with performances at some of the hottest summer festivals, including Governor's Ball and Lollapalooza. This allows him to stay in front of his current fans, expand his reach to new listeners, and provide fans exposure to his back catalog, like the songs in this auction.

The catalog also includes “Celebrate” and “Cowboy” from Wiz Khalifa's 2016 album Khalifa, as well as music from artists such as Chris Brown, Ludacris, A$AP Ferg, and Machine Gun Kelly.

Key Drivers

1) The three biggest earners in this catalog were released in 2014 and continue to see growth today. In the last four quarters, royalties from “Ass Drop” grew 18%, “Promises” 22%, and “KK” 14% over the previous four quarters.

2) Wiz Khalifa has a large digital following with over 16.6 million monthly listeners on Spotify, ranking him 52nd in the world. His songs garner millions of YouTube views, with “Promises” boasting over 73 million. At 62%, streaming is the largest revenue stream for this catalog. If you win this auction, you will benefit from the popularity of these songs on sources like YouTube, Spotify, and more.

What is being sold?

100% of the seller's interest in the of royalties from select musical works in the seller's catalog of songs administered by BMI. See the “Financials” tab for a full track list.

How does this asset make money?

Every time “Ass Drop” 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

Earnings over time, and where they came from.

FAQ

Answers about the term, the bidding and the royalties.

Media

Videos, audio and images from the catalog.