Listing 5780
A Share of Jerry Garcia’s Sound Recording Performance Royalties
- SoundExchange
- Classic Rock
- Grateful Dead
- Jerry Garcia
- Sound Recording
- Jam
- …
Offers
Sale Price
$75,250
4.64 x LTM
Listing Tools
Price Tracker
26 offers made by 6 buyers
- List price
- Closed
- Accepted
Offer History
$75,250
Buyer 3 made 2 years ago
Buyer OfferBuyer Counteroffer$76,500
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$74,000
Buyer 3 made 2 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)$77,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$72,500
Buyer 3 made 2 years ago
Buyer Offer (Rejected)Buyer Counteroffer (Rejected)
About
- $16,206
- 3-Year Average
- $17,318
- Earnings Since 2013
- $191,116
- 36.47 Years
- Works Included
- 428
- —
- $30,000
- Owner Last Active
- Over 30 days ago
- Fixed-Return
- Fixed-Return Amount
- $88,400
- Sound Recording
- Streaming
- No
- Sources
- Satellite Radio, Internet Radio, Non-Interactive Digital Performance
- Payor
The information on this listing was accurate as of the last earning statistics update on
Overview
This listing includes a share of Sound Recording royalties from Jerry Garcia, Jerry Garcia Band, Jerry Garcia & David Grisman, Old & In The Way, Jerry Garcia & Merle Saunders, and Jerry Garcia & Howard Wales.
The catalog has shown a Compound Annual Growth Rate (CAGR) of 7% over the most recent five-year period.
It also demonstrates significant diversity, with 71% of earnings over the last 12 months coming from outside the Top 5 songs, and 87% coming from outside the Top 5 since 2013.
The Dollar Age, a weighted measure of how long the songs have been earning, is 36.47, indicating the catalog has been generating royalties for a substantial period.
Artist & Song Information
Jerry Garcia, born on August 1, 1942, in San Francisco, was the frontman, lead guitarist, and vocalist of the Grateful Dead. Co-founding the band in 1965, Garcia was known for his improvisational guitar style, blending rock, folk, bluegrass, and psychedelia, which helped the Grateful Dead build a devoted fan base called "Deadheads." Their live performances and extended jams shaped the "jam band" culture. Beyond the Grateful Dead, Garcia had a solo career, worked on side projects like the Jerry Garcia Band, and collaborated with artists such as David Grisman.
Other Information
How This Investment Works. As the winning bidder, you will collect 100% of payments until you receive the fixed amount of $88,400 from this asset.
Early Repayment. The seller of this asset can repay the remaining advance balance at any time. For example: If after two years, the buyer has been paid $30,000 in royalties, and then the seller provides a balance of $58,400 to the buyer, the royalty stream will revert back to seller.
Please Note. Royalty payments from SoundExchange switched from quarterly to monthly statements beginning in September 2020.
Earnings Note. You’ll notice a spike in royalties in Oct-2020, which is the result of adjusted royalties — primarily for satellite radio — over prior performance periods. Any future catch-up payments will be payable to the winner of this catalog.
Special Note. A portion of the proceeds from this listing will support the production of the next music release project produced by Jerry Garcia Music Arts. Jerry Garcia Music Arts is an environmentally conscious, mission-based, music and arts entertainment services company.
In addition, as a special and exciting memento, the seller would like to include a unique piece of Jerry Garcia's visual art for the winner of this listing.
This catalog will not be added to the Secondary Market of The Exchange.
Financials
Earnings By Period
Monthly, as statements report
- Domestic
- International
- Net
| Year | 2020 | 2021 | 2022 | 2023 | 2024* |
|---|---|---|---|---|---|
| Earnings | $32,540 | $20,209 | $17,292 | $18,588 | $10,402 |
* 2024 earnings have not been paid for the entire year.
Works
"Sugaree," released in 1971, has a CAGR of 25%, reflecting steady growth despite some year-to-year fluctuations.
"Loser," released in 1972, has the highest CAGR at 66%, indicating strong overall growth, while "Bird Song," also from 1972, shows a CAGR of 60%.
The catalog demonstrates significant diversity, with 71% of earnings coming from outside the Top 5 songs.
| Works | Earnings | Share |
|---|---|---|
| Sugaree | $1,104 | 7% |
| Tangled Up In Blue | $1,029 | 6% |
| Loser | $955 | 6% |
| Bird Song | $911 | 6% |
| Deal | $767 | 5% |
| Other | $11,440 | 71% |
Income Types
| Income Types | Earnings | Share |
|---|---|---|
| Streaming Performance | $16,206 | 100% |
Sources
Satellite radio has been the largest source of royalties over the past five years, contributing an average of 82.5% of total earnings.
While streaming has a lower CAGR of 3%, it shows more stability with smaller fluctuations. The standard deviation is just $322, and the Coefficient of Variance (CV) is 13%.
| Sources | Earnings | Share |
|---|---|---|
| Satellite Radio | $12,985 | 80% |
| Streaming | $2,356 | 15% |
| Retail Plays | $22 | 0% |
| Other | $843 | 5% |
* 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.