Listing 5464
Drake, Megan Thee Stallion, Beyonce + More - Publishing Rights
- Kobalt
- …
Offers
Sale Price
$535,000
8.16 x LTM
Listing Tools
Price Tracker
72 offers made by 8 buyers
- List price
- Closed
- Accepted
Offer History
$535,000
Seller made 2 years ago
Seller OfferSeller Counteroffer$461,500
Buyer 4 made 2 years ago
$535,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$427,000
Buyer 6 made 2 years ago
$535,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)
About
- $65,559
- 3-Year Average
- $68,551
- Earnings Since 2018
- $534,721
- 5.15 Years
- Works Included
- 36
- $***,***
- $285,000
- Owner Last Active
- Over 30 days ago
- Life of Rights
- Musical Composition
- Mechanical, Public Performance, Sync
- No
- Payor
- Kobalt
The information on this listing was accurate as of the last earning statistics update on
Overview
This listing includes memorable, chart-topping songs from a diverse range of icons of their genre including Drake, Megan Thee Stallion, Beyoncé, King Combs, and more.
The catalog has entered its stabilization phase with the Last Twelve Months (LTM) deviating only 4% from the Three Year Average. Additionally, the catalog has a Dollar Age approaching five years and streaming earnings make up nearly 70% of the LTM, further suggesting consistency.
Numerous songs in the catalog are streaming powerhouses, with over 3 billion Spotify streams among the top five tracks, which is great news as the US Streaming Mechanical royalty rates continue to increase (currently 15.1% of DSP revenue). This asset will continue to benefit from the rate raises, including any catch-up payments made due to increases. Streaming Mechanical revenue has generated 57% of earnings in the LTM.
Artist & Song Information
Drake's "In My Feelings" features an addictive beat and catchy lyrics and became an internet sensation, inspiring a viral dance challenge that swept across social media worldwide. The song has accumulated an astounding 1.4 billion streams on Spotify, 340 million streams on Pandora, 740.5 million views on YouTube, and 540 million views on TikTok.
Megan Thee Stallion's "Ride Or Die" is a hip-hop anthem offering a potent blend of fiery lyrics and hard-hitting beats, reaffirming the Artist's position as a powerful voice in the rap scene. The has been streamed 43 million times on Spotify, 42 million times on Pandora, and 11 million views on YouTube.
Drake's "Nice For What" is another chart-topping hit with addictive hooks and memorable lyrics. This song has been streamed 1.2 billion times on Spotify, 206.5 million times on Pandora, 506.5 million views on YouTube, and 105 million views on TikTok.
Beyonce's "Break My Soul", released in 2022, is a touching, emotive track. The song has 411.5 million streams on Spotify, 23 million streams on Pandora, 116 million views on YouTube, and 1.1 billion views on TikTok.
Financials
Earnings By Period
Quarterly, as statements report
- Domestic
- International
- Net
| Year | 2019 | 2020 | 2021 | 2022 | 2023* |
|---|---|---|---|---|---|
| Earnings | $243,389 | $111,729 | $68,357 | $60,789 | $49,132 |
* 2023 earnings have not been paid for the entire year.
Works
"In My Feelings", released in 2018, has deviated 12% from the average payment over the past eight pay periods, although the most recent pay period grew 15% over the previous.
"Ride Or Die", released in 2019, has deviated 20% from the average payment over the past eight pay periods.
"Nice For What", released in 2018, has seen growth of 20% and 6% over the past two pay periods, respectively.
| Works | Earnings | Share |
|---|---|---|
| In My Feelings | $43,135 | 66% |
| Ride Or Die | $7,768 | 12% |
| Nice For What | $5,794 | 9% |
| Can't Stop Won't Stop (feat. Kodak Black) | $3,098 | 5% |
| Break My Soul | $2,921 | 4% |
| Other | $2,842 | 4% |
Income Types
Streaming mechanical income increased over 11% in the most recent year over the previous and has proved to be relatively stable, only deviating 9% from the average earnings over the past five years. Income that will benefit from US Streaming Mechanical rate raises.
Performance income has increased by 15% in the most recent year over the previous.
Synchronization income presents promising growth potential with an impressive CAGR of 61%.
Print income has seen strong growth over the period with a CAGR of 37%.
| Income Types | Earnings | Share |
|---|---|---|
| Streaming Mechanical | $37,329 | 57% |
| Performance | $20,686 | 32% |
| Sync | $4,075 | 6% |
| $1,552 | 2% | |
| Mechanical | $1,525 | 2% |
| Other | $391 | 1% |
Sources
The primary source of earnings has been Domestic Streaming which has only deviated 14% from the average earnings over the past eight pay periods showing stability.
International earnings, driven primarily through streaming, has also reached its stability phase, only deviating 17% from the average over the past eight pay periods.
| Sources | Earnings | Share |
|---|---|---|
| Streaming | $30,462 | 46% |
| International Sources | $23,564 | 36% |
| Streaming | $14,916 | 63% |
| Music Rights Org | $5,359 | 23% |
| Music Publisher | $658 | 3% |
| TV and Film | $286 | 1% |
| Radio | $188 | 1% |
| Other | $2,159 | 9% |
| Music Rights Org | $2,096 | 3% |
| Satellite Radio | $756 | 1% |
| Record Label | $132 | 0% |
| Other | $8,548 | 13% |
Users
Apple Music earnings saw a 64% increase over the previous year. Apple Music is amongst the highest payouts per stream compared to other Digital Streaming Platforms (DSP).
Spotify earnings show consistency with payments over the last 8 periods deviating 21%, including 15% growth in the most recent pay period over the previous.
Amazon earnings show a CAGR of 13%.
| Users | Earnings | Share |
|---|---|---|
| Apple Music | $12,774 | 19% |
| Spotify | $11,350 | 17% |
| Youtube | $10,932 | 17% |
| Amazon | $3,266 | 5% |
| $2,312 | 4% | |
| Other | $24,925 | 38% |
* 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 |
|---|---|
| All In Your Throat | WK3269550 |
| Already?Rich | WK3154933 |
| Bend It Over | WK2474865 |
| Big Freddie Kay Ready | WK1111942 |
| Blame It | WK1111887 |
| Booty Whop | WK1111971 |
| Bounce That | WK3309883 |
| BREAK MY SOUL | WK3711253 |
| Can't Stop Won't Stop (feat. Kodak Black) | WK3730640 |
| Dangerous | WK1590018 |