Listing 5784
Songwriter Royalties for Jerry Garcia of The Grateful Dead
- ASCAP
- Classic Rock
- Jerry Garcia
- Grateful Dead
- Jam
- Songwriter
- …
Offers
Sale Price
$88,000
2.09 x LTM
Listing Tools
Price Tracker
15 offers made by 5 buyers
- List price
- Closed
- Accepted
Offer History
$88,000
Buyer 3 made 2 years ago
Accepted$88,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$70,000
Buyer 2 made 2 years ago
$88,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$78,500
Buyer 4 made 2 years ago
About
- $42,194
- 3-Year Average
- $28,479
- Earnings Since 2005
- $164,198
- 47.17 Years
- Works Included
- 262
- —
- $68,000
- Owner Last Active
- Over 30 days ago
- Fixed-Return
- Fixed-Return Amount
- $108,500
- Musical Composition
- Public Performance
- No
- Payor
The information on this listing was accurate as of the last earning statistics update on
Overview
This listing includes a share of the songwriting royalties from Jerry Garcia of The Grateful Dead.
The catalog demonstrates remarkable diversity, with 66% of overall earnings in the Last 12 Months (LTM) coming from outside the top five earning tracks. There is also a notable variety of income sources. Live royalties have consistently been a substantial revenue source while streaming and satellite radio royalties provide stability and recent growth, underscoring the band's enduring popularity.
The catalog saw its most significant growth in the most recent year, making it the most profitable over the past five, with earnings of $42,194, primarily driven by an increase in live performance earnings. Overall, the catalog’s Compound Annual Growth Rate (CAGR) over the five years is 17%.
Additionally, the catalog offers a substantial Dollar Age of 47.17.
Artist & Song Information
The Grateful Dead, formed in 1965 in California, is an American rock band known for its eclectic style that fused rock, folk, bluegrass, blues, reggae, country, jazz, psychedelic rock, and space rock. The original lineup included Jerry Garcia, Bob Weir, Ron "Pigpen" McKernan, Phil Lesh, and Bill Kreutzmann, with other key members like Mickey Hart, Keith and Donna Jean Godchaux, Brent Mydland, Vince Welnick, and Bruce Hornsby joining later. Renowned for their long jam sessions and improvisational live performances, they cultivated a devoted fan base known as "Deadheads" and became icons of the counterculture movement. Inducted into the Rock and Roll Hall of Fame in 1994 and recipient of a Grammy Lifetime Achievement Award in 2011, their legacy endures through various post-Dead bands and extensive influence on American rock music and culture.
Other Information
How This Investment Works. As the winning bidder, you will collect 100% of payments until you receive the fixed amount of $108,500 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, this asset has paid you $60,000 and the seller wants the royalty stream back, they can pay you $48,500 to reclaim the royalties.
Earnings Note. You’ll notice a spike in royalties in 2Q & 4Q-2022 and Q4-2023, which is the result of General - Live Pop Concerts payments for the band Dead & Company. Any future, similar 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 automatically added to the Secondary Market of The Exchange.
Financials
Earnings By Period
Quarterly, as statements report
- Domestic
- International
- Net
| Year | 2020 | 2021 | 2022 | 2023 | 2024* |
|---|---|---|---|---|---|
| Earnings | $17,269 | $14,152 | $27,509 | $38,842 | $11,844 |
* 2024 earnings have not been paid for the entire year.
Works
"Scarlet Begonias" earnings have grown at a CAGR of 25%. Earnings as a percentage of overall earnings have gradually increased from 6.51% to 8.32%, indicating its rising importance in the catalog.
"Althea" and "Deal" have shown similar trends."Althea" has a CAGR of 31%, while "Deal" has the highest CAGR among the top five songs at 36%. The percentage of overall earnings for both songs has generally been on the rise, showing their increasing contribution to the catalog's earnings.
"China Cat Sunflower" and "Eyes of the World" have CAGRs at 25% and 26%, respectively. "Eyes of the World" has seen the highest growth among all songs in the most recent year, driven by Live performance payments.
As can be expected due to the band's extensive catalog, this listing features remarkable diversity with 66% of the overall earnings in the Last 12 Months and 85% since 2005 coming from outside the Top 5 tracks.
| Works | Earnings | Share |
|---|---|---|
| Scarlet Begonias | $3,509 | 8% |
| Althea | $2,849 | 7% |
| Deal | $2,764 | 7% |
| China Cat Sun Flower | $2,703 | 6% |
| Eyes Of The World | $2,686 | 6% |
| Other | $27,684 | 66% |
Income Types
| Income Types | Earnings | Share |
|---|---|---|
| Performance | $42,194 | 100% |
Sources
LIVE royalties have consistently contributed a substantial portion to the overall earnings, peaking in the most recent year at 49% resulting in a CAGR of 25% over the past five years. The spike in royalties in 2Q & 4Q-2022 and Q4-2023 is the result of General - Live Pop Concerts payments for the band Dead & Company.
STREAMING royalties have shown consistent growth over the past five years, with a CAGR of 15%. Notably, the growth rate in the most recent year was 46%, showing the band's continued growth in popularity. Despite a slight dip in growth in Year 3, streaming earnings consistently contribute around 20-40% of overall earnings. This stable income source, with a relatively lower coefficient of variance of 24%, suggests a lower risk associated with this revenue stream.
SATELLITE RADIO revenue shows a consistent trend except for a surge in the most recent year. Despite the lower CAGR of 6%, it contributes a significant part of the overall earnings, often above 15%. The standard deviation of $978.57 and coefficient of variance of 23% indicate a relatively stable earnings source.
INTERNATIONAL revenue, with a CAGR of 8%, presents a stable growth trend, contributing around 10-20% to the overall earnings. Its coefficient of variance stands at 12%, the lowest among all, indicating the least variability and risk.
RADIO revenue, though not a significant contributor to overall earnings, shows an upward trend in growth with a CAGR of 5%.
| Sources | Earnings | Share |
|---|---|---|
| Live Performance | $20,743 | 49% |
| Streaming | $8,382 | 20% |
| Satellite Radio | $5,785 | 14% |
| International Sources | $3,518 | 8% |
| Satellite Radio | $1,175 | 33% |
| Streaming | $886 | 25% |
| Live Performance | $362 | 10% |
| TV and Film | $308 | 9% |
| Radio | $258 | 7% |
| Other | $531 | 15% |
| Radio | $716 | 2% |
| Other | $3,049 | 7% |
* 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.