The 046 - Songwriting Royalties

The listing includes the songwriter’s share of performance and mechanical royalties from The 046.

The listing shows notable diversity with 57% of earnings in the last 12 months coming from outside the Top 5 tracks. Recently released tracks drive the majority of recent growth. 
 

The 046 are from Western Sydney, Australia, consisting of brothers Kymza and Ronza, their cousin E.T., and childhood friend Jizza. Drawing inspiration from G-Funk pioneers like Nate Dogg, Snoop Dogg, and Tupac, they coined their own style, "Aus-Funk," blending traditional G-Funk elements with narratives rooted in their community. The group has gained widespread attention, with tens of millions of streams and views, a sold-out headline show in Sydney in 2022, and their first national tour in August 2023 - which heavily featured songs included in the listing.

Distribution Schedule. APRA/AMCOS pays on a quarterly basis, with four regular payments each calendar year in February, May, August, and November for “local” royalties from Australia, New Zealand and Pacific territories. In addition to these quarterly payments, APRA/AMCOS also distributes monthly payments* for royalties collected by their International Affiliates (which include U.S. royalties).

Exchange Rates. Royalties for this asset are reported in Australian and New Zealand Dollars from APRA/AMCOS. To calculate the royalty payments in U.S. Dollars, Royalty Exchange applied the average historical foreign exchange rate for the distribution month (via X-rates.com).

The future royalties will be paid to Royalty Exchange in Australian and New Zealand Dollars, converted to U.S. Dollars upon receipt, and then paid in U.S. Dollars to the winning investor. The receiving bank may increase the exchange rate by up to 2.5% as a transaction fee. 

This catalog will not be automatically added to the Secondary Market of The Exchange. The winning bidder can contact Royalty Exchange to relist.