Listing 5787
Sound Recording Royalties for Switch
- Universal Music Group Recordings
- 70s
- Switch
- R&B/Soul
- Sound Recording
- …
Offers
Sale Price
$126,000
4.39 x LTM
Listing Tools
Price Tracker
45 offers made by 7 buyers
- List price
- Closed
- Accepted
Offer History
$129,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$126,000
Buyer 2 made 2 years ago
Buyer OfferBuyer Counteroffer$130,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)$125,000
Buyer 2 made 2 years ago
$131,000
Seller made 2 years ago
Seller Offer (Rejected)Seller Counteroffer (Rejected)
About
- $28,724
- 3-Year Average
- $21,603
- Earnings Since 2014
- $113,067
- 44.96 Years
- Works Included
- 17
- —
- $75,000
- Owner Last Active
- Over 30 days ago
- Fixed-Return
- Fixed-Return Amount
- $220,000
- Sound Recording
- Sales, Streaming, Sync
- No
- Payor
- Universal Music Group Recordings
The information on this listing was accurate as of the last earning statistics update on
Overview
This listing includes sound recording royalties for the legendary 70s R&B band, Switch.
Over the most recent five-year period, the catalog features recent increases in earnings of 62% in Year 4 and continued to grow by 29% in the most recent year. The catalog shows a Compound Annual Growth Rate (CAGR) of 9% over the that time period.
Also notable, the catalog's Dollar Age stands at a robust 44.96 years. A higher dollar age typically means the catalog has a history of earning royalties consistently, making it a reliable source of income.
Artist & Song Information
Switch is an American R&B and funk band formed in 1976 in Mansfield, Ohio, by brothers Bobby and Tommy DeBarge, along with Greg Williams, Eddie Fluellen, Jody Sims, and Phillip Ingram. Known for their versatility in switching instruments during performances, Switch gained prominence with their self-titled debut album in 1978, featuring the hit single "There'll Never Be." They released several successful albums, including "Switch II" and "Reaching for Tomorrow," with notable hits like "I Call Your Name" and "Love Over and Over Again." Their smooth harmonies and polished production influenced the R&B and funk genres. Switch's music remains influential and celebrated for its timeless appeal, with the band continuing to perform and their legacy enduring in the music industry.
Other Information
How This Investment Works. As the winning bidder, you will collect 100% of payments until you receive the fixed amount of $220,000 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 $65,000 and the seller wants the royalty stream back, they can pay you $155,000 to reclaim the royalties.
Earnings Note: You’ll notice a spike in royalties in 2H-2019 (totaling approximately $8,335), 1H-2023 (totaling approximately $5,200) and 2H-2023 (totaling approximately $5,415), which are the result of a synch payments for various top songs in the catalog. Any future, similar payments will be payable to the winner of this catalog.
This catalog will not be automatically added to the Secondary Market of The Exchange.
Financials
Earnings By Period
Half-yearly, as statements report
- Domestic
- International
- Unreported
- Net
| Year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Earnings | $20,096 | $13,448 | $13,797 | $22,288 | $28,724 |
Works
"I Call Your Name", released in 1979, is the top-performing song in the catalog. It consistently contributed over 50% to the overall earnings in the last four years. Notably, the song had a CAGR of 28% over the most recent five year period. Despite some volatility in year three, the song's earnings have overall shown a strong upward trend indicating that the song continues to resonate with listeners.
"There'll Never Be", released in 1978, also showed consistent growth over the five years with a CAGR of 20%. Its contribution to the overall earnings has varied. The song also had relatively low volatility, as evidenced by a lower standard deviation.
"I Wanna Be Closer", released in 1978, and "Best Beat in Town", released in 1979, while contributing less to the overall earnings, demonstrated impressive growth rates. "I Wanna Be Closer" had a CAGR of 34%, while "Best Beat in Town" had a remarkable CAGR of 104%.
| Works | Earnings | Share |
|---|---|---|
| I Call Your Name | $15,504 | 54% |
| There'll Never Be | $7,298 | 25% |
| I Wanna Be Closer | $2,244 | 8% |
| Love Over And Over Again | $1,834 | 6% |
| Best Beat In Town | $1,111 | 4% |
| Other | $734 | 3% |
Income Types
| Income Types | Earnings | Share |
|---|---|---|
| Sound Recording | $28,724 | 100% |
Sources
Streaming revenues showed a steady increase from Year 1 to Year 4, with a significant jump of 67% in Year 4. After a decrease in Year 5, the resulting CAGR stands at 11% over five years.
| Sources | Earnings | Share |
|---|---|---|
| Streaming | $14,733 | 51% |
| TV and Film | $10,627 | 37% |
| Record Label | $2,516 | 9% |
| International Sources | $327 | 1% |
| Streaming | $263 | 80% |
| Music Publisher | $5 | 2% |
| Music Rights Org | $5 | 1% |
| Download | $0 | 0% |
| Other | $55 | 17% |
| Retail Plays | $60 | 0% |
| Other | $460 | 2% |
* 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 | Alternate ID |
|---|---|---|
| (YOU PULLED A) SWITCH | USMO10000434 | USMO10200497, 060249823072, 60249823072 |
| BEST BEAT IN TOWN | USMO10000427 | USMO10200496, 060249808599, 60249808599 |
| BEST OF/20TH CENTURY | 4400143562 | 60251725699, 060251725699, 004400143562 |
| CALL ON ME | USMO10000433 | |
| CALLING ON ALL GIRLS | USMO10001081 | 004400180832, 4400180832 |
| CLASSIC SOUL BALLADS | 060256710492 | |
| DON'T TAKE MY LOVE AWAY | USMO10000429 | |
| Ending_Resv | Ending_Resv_66902161 | Ending_Resv_67902161, Ending_Resv_67970559 |
| HITSVILLE BOX | 060121590272 | |
| I CALL YOUR NAME | USMO10000428 | 073145855962, 73145855962, USUM71818517, USMO10111224, 060249819816, 60249819816, PTG 0034128 |