Listing 5644
Cage The Elephant Publishing Royalties
- Sony Music Publishing
- Rock
- Cage The Elephant
- Publishing
- Streaming Mechanical
- …
Offers
Sale Price
$141,000
15.52 x LTM
Listing Tools
Price Tracker
22 offers made by 9 buyers
- List price
- Closed
- Accepted
Offer History
$118,800
Buyer 7 made 2 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)$141,000
Seller made 2 years ago
Seller OfferSeller Counteroffer$94,400
Buyer 7 made 2 years ago
$126,500
Buyer 9 made 2 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)$132,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)
About
- $9,084
- 3-Year Average
- $8,284
- Earnings Since 2012
- $73,786
- 10.76 Years
- Works Included
- 46
- $**,***
- $40,000
- Owner Last Active
- Over 30 days ago
- Life of Rights
- Musical Composition
- Mechanical, Public Performance, Sync
- No
- Payor
- Sony Music Publishing
The information on this listing was accurate as of the last earning statistics update on
Overview
Download Raw Data File (.csv)
Included in this listing are the publishing royalties from rock band, Cage the Elephant's first four albums - Cage the Elephant, Thank You Happy Birthday, Melophobia and Tell Me I'm Pretty.
The catalog has shown steady earnings growth over the past five years with a Compound Annual Growth Rate (CAGR) of 8.74% and comes in higher than the 50th percentile of catalogs analyzed by Royalty Exchange.
An important factor to consider is the Dollar Age of this catalog, which stands at 10.76. This metric suggests that the songs earning royalties in the past year have been doing so, on average, for a little over a decade. This is a positive indication. Older catalogs tend to have more predictable and stable earnings.
This catalog demonstrates a promising trend of growth, with a strong CAGR and a high Dollar Age.
Artist & Song Information
Cage the Elephant is an American rock band formed in 2006 in Bowling Green, Kentucky. The band consists of Matt Shultz (vocals), his brother Brad Shultz (rhythm guitar), Nick Bockrath (lead guitar), Matthan Minster (guitar, keyboards), Daniel Tichenor (bass), and Jared Champion (drums).
Early in their career, the band signed with Relentless Records after showcasing at the 2007 South by Southwest music festival and supported Queens of the Stone Age on tour. Their 2008 self-titled debut album featured the single "Ain't No Rest for the Wicked," which was included in the video game "Borderlands" and the 2010 movie "The Bounty Hunter."
The band's second album, "Thank You, Happy Birthday," debuted at Number 2 on the Billboard 200 in 2011 and received positive reception from most critics. It was heavily influenced by punk rock and bands like Pixies and Nirvana. The band supported the album with performances on late-night shows and at music festivals like Coachella and Glastonbury. They also toured with the Foo Fighters, and their hit song "Shake Me Down" was nominated for an MTV Video Music Award for Best Rock Video in 2011.
Their third album, "Melophobia," came out in 2013, followed by "Tell Me I'm Pretty," produced by Dan Auerbach, in 2015. Not included in this catalog is "Social Cues," their fifth studio album, released in 2019. Cage the Elephant has won the Grammy Award for Best Rock Album twice, once in 2017 for "Tell Me I'm Pretty" and again in 2020 for "Social Cues".
Regarding their cultural impact, Cage the Elephant is known for subverting expectations and not adhering to traditional rock band narratives. Their album "Social Cues" deals with themes like a breakup and the perils of fame but does so with breezy vibes and funky rhythms. Frontman Matt Shultz emphasizes not being confined to the rock genre or any genre-based titles, reflecting a broader trend in contemporary music.
Cage the Elephant's journey from a Kentucky indie band to Grammy-winning artists is marked by their eclectic musical influences, willingness to evolve, and energetic live performances. Their approach to music, which transcends genre boundaries and embraces change, reflects and contributes to the broader shifts in the contemporary music landscape.
Other Information
Similar Listings. We recently sold a smaller share of this same catalog. Follow the links below to review those sold listings:
Cage The Elephant - Publishing Royalties
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
Half-yearly, as statements report
- Domestic
- International
- Net
| Year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Earnings | $6,497 | $5,480 | $7,029 | $8,741 | $9,084 |
Works
"Cigarette Daydreams", has had an impressive growth trajectory with a CAGR of 26.2%. Despite a slight dip in Year 5, the overall trend is upward.
"Ain't No Rest For the Wicked" has shown a fluctuating income trend, with a slight negative CAGR of -1.97%. The song's income peaked in Year 3, followed by a decrease in the subsequent years. However, it has the lowest coefficient of variance, indicating the least volatility among the songs.
“Trouble” has a CAGR of 16.82%, "Come a Little Closer" a CAGR of 25.76%, and "Cold Cold Cold" has a CAGR of 8.9%.
The consistent growth in royalties, especially from the songs "Cigarette Daydreams" and "Come a Little Closer", indicate the potential for future growth. The rest of the catalog, with its stability, provides a balance to the royalty stream.
| Works | Earnings | Share |
|---|---|---|
| Trouble | $2,092 | 23% |
| Cigarette Daydreams | $1,712 | 19% |
| Ain't No Rest For The Wicked | $1,712 | 19% |
| Come A Little Closer | $1,385 | 15% |
| Cold Cold Cold | $522 | 6% |
| Other | $1,661 | 18% |
Income Types
Overall income is primarily driven by Streaming and Streaming Performance, which consistently accounted for a significant portion of overall earnings across all years, averaging 36.90% and 32.10% respectively.
Streaming experienced a compound annual growth rate (CAGR) of 12.32% over the period. Despite a slight dip in Year 2, earnings from this category have shown an overall increase, peaking in Year 4.
Streaming Performance also showed a steady increase with a CAGR of 11.49%. The growth was consistent, apart from Year 2, where there was a slight decline.
Synchronization showed the highest CAGR at 25.36% and while synchronization income can be volatile there has been recent growth in Years 3 and 5.
| Income Types | Earnings | Share |
|---|---|---|
| Streaming Mechanical | $3,270 | 36% |
| Streaming Performance | $2,983 | 33% |
| Sync | $1,752 | 19% |
| Performance | $521 | 6% |
| Mechanical | $301 | 3% |
| Other | $256 | 3% |
Sources
Streaming, as the largest contributor to overall earnings, has demonstrated a relatively stable growth trajectory over the five-year period, with a Compound Annual Growth Rate (CAGR) of 5.97%. Despite experiencing a decrease in growth in Year 2 and Year 5, the category has recovered well, particularly in Year 3 and Year 4 with positive growth rates of 20.0% and 36.44% respectively.
International earnings, the second largest in contribution, have experienced a CAGR of 3.74%. Here, a significant drop in Year 2 is followed by steady growth in subsequent years, indicating resilience.
TV-Film earnings display the most volatility. It experiences the most drastic annual growth changes, dropping significantly in Year 2 but showing a remarkable rebound in Year 3 and Year 5. It also has the highest CAGR among all categories at 25.29%, suggesting the potential for high reward despite volatility.
| Sources | Earnings | Share |
|---|---|---|
| Streaming | $3,548 | 39% |
| International Sources | $3,083 | 34% |
| Streaming | $2,563 | 83% |
| $95 | 3% | |
| Radio | $84 | 3% |
| Download | $79 | 3% |
| Streaming Video | $63 | 2% |
| Other | $198 | 6% |
| TV and Film | $1,768 | 19% |
| Streaming Video | $348 | 4% |
| Radio | $242 | 3% |
| Other | $93 | 1% |
* 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 |
|---|---|
| 2024 | 1243969 |
| ABERDEEN | 1243966 |
| AIN'T NO REST FOR THE WICKED | 1143405 |
| ALWAYS SOMETHING | 1243963 |
| AROUND MY HEAD | 1244457 |
| BABY BLUE | 1466461 |
| BACK AGAINST THE WALL | 1147611 |
| BACK STABBIN BETTY | 1147612 |
| BLACK WIDOW | 1466455 |
| BREAKAGE | 5294473 |