Listing 5039
"Bags" By Kevin Gates - Publishing Royalties
- Songtrust
- Kevin Gates
- Streaming Heavy
- Publishing
- …
Offers
Sale Price
$81,125
5.16 x LTM
Listing Tools
Price Tracker
34 offers made by 3 buyers
- List price
- Closed
- Accepted
Offer History
$81,125
Seller made 3 years ago
Seller OfferSeller Counteroffer$81,100
Buyer 3 made 3 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)$81,150
Seller made 3 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$81,050
Buyer 3 made 3 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)$81,250
Seller made 3 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)
About
- $15,712
- 3-Year Average
- —
- Earnings Since 2020
- $64,828
- 3.26 Years
- Works Included
- 2
- —
- $77,500
- Owner Last Active
- Over 30 days ago
- Last Transaction Price
- $72,500
- Last Transaction Date
- Apr 28, 2022April 28, 2022
- Life of Rights
- Musical Composition
- Mechanical, Public Performance, Sync
- No
- Payor
- Songtrust
The information on this listing was accurate as of the last earning statistics update on
Sale History
Other Information
Please Note: You’ll notice a spike in royalties in Q1-2021, which is the result of Harry Fox Agency making a catch-up payment (approximately $15,800) for Streaming Mechanical earnings related to Q3-2019 through Q2-2020. It’s unlikely such adjustments will occur again, but if they do you are entitled to any future one-time catch-up payments as the buyer of this catalog.
Investment Term: The investment term is “at least 32 years” because U.S. copyright law gives artists and songwriters the right to terminate a copyright assignment after 35 years. The seller of this catalog acquired the copyrights via assignment in 2019, so the songwriters may have the right to terminate the assignment beginning in 2054 (35 years from 2019). Click here to learn more about copyright termination.
This catalog will not be automatically added to the Secondary Market of The eXchange. The winning bidder can contact Royalty Exchange to relist.
Financials
Earnings By Period
Quarterly, as statements report
- Domestic
- International
- Net
| Year | 2020 | 2021 | 2022* |
|---|---|---|---|
| Earnings | $19,990 | $33,343 | $11,495 |
* 2022 earnings have not been paid for the entire year.
Works
Last 12 months
| Works | Earnings | Share |
|---|---|---|
| Bags | $15,618 | 99% |
| Bankrupt | $95 | 1% |
Income Types
Last 12 months
| Income Types | Earnings | Share |
|---|---|---|
| Streaming Mechanical | $9,741 | 62% |
| Streaming Performance | $4,081 | 26% |
| Performance | $1,571 | 10% |
| Download Mechanical | $168 | 1% |
| Mechanical | $60 | 0% |
| Other | $91 | 1% |
Sources
Last 12 months
| Sources | Earnings | Share |
|---|---|---|
| Streaming | $14,081 | 90% |
| International Sources | $945 | 6% |
| Streaming | $655 | 69% |
| Music Rights Org | $36 | 4% |
| Download | $0 | 0% |
| Other | $253 | 27% |
| Retail Plays | $163 | 1% |
| Other | $524 | 3% |
Users
Last 12 months
| Users | Earnings | Share |
|---|---|---|
| Apple Music | $5,514 | 35% |
| Spotify | $2,703 | 17% |
| Youtube | $2,033 | 13% |
| Pandora | $1,573 | 10% |
| Pandora | $470 | 3% |
| Other | $3,419 | 22% |
* Historic royalty income does not guarantee future royalty income. Future royalty income depends upon future sales and licensing revenue generated by the intellectual property associated with this listing. All earnings analysis and investment decisions are investors’ sole responsibility per Royalty Exchange’s Terms of Use.
Media
Included Works
| Work Title | Work ID |
|---|---|
| Bags | 4760713 |
| Bankrupt | 4992746 |