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Listing 6084

Songwriting Royalties from "Aguanta Corazón"

Artwork for Songwriting Royalties from "Aguanta Corazón"
    • BMI
    • Latin
    • Regional Mexican
    • …

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    Sale Price

    $177,400

    11.15 x LTM

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    Offer History

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      Buyer 4 made 1 year ago

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    About

    $15,904
    3-Year Average
    $12,981
    Earnings Since 2016
    $79,328
    60.00 Years
    Work Included
    1
    $***,***
    $75,000
    Owner Last Active
    Over 30 days ago
    Life of Rights
    Musical Composition
    Public Performance
    No
    Payor
    Learn more about rights and royalties

    The information on this listing was accurate as of the last earning statistics update on

    Overview

    This listing includes the songwriter's share of public performance royalties from the classic Latin song  "Aguanta Corazón" written by Alejandro Pérez and performed by numerous Norteño and Tejano musicians. 

    The catalog has achieved a consistent increase in earnings with a compound annual growth rate (CAGR) of 18.22%. This rate places the catalog significantly above the 75th percentile (10.92%) of catalogs analyzed by Royalty Exchange.

    The dollar age of the catalog is noted at 60.00, indicating a mature catalog. A higher dollar age suggests that a catalog's earnings have stabilized, which is a positive attribute for investors seeking predictable cash flows. 

    The consistent year-on-year growth, coupled with a reasonable level of earnings variability and a substantial dollar age, presents the catalog as an attractive opportunity. The positive growth trend suggests that the catalog not only has established a solid foundation in terms of its content's enduring appeal and relevance but is also possibly expanding its reach and benefiting from favorable market dynamics in the music industry.

    Artist & Song Information

    The heartfelt lyrics and melody of "Aguanta Corazón" have made it a staple in the repertoires of Norteño and Tejano musicians. Its themes of love and resilience resonate deeply with listeners, leading to its frequent inclusion in live performances and recordings. The song's adaptability has allowed artists across generations to reinterpret it, ensuring its continued relevance in contemporary music scenes.

    Notable recordings of this classic song include: 

    • Gilberto Pérez y Sus Compadres (1964): The original rendition set the foundation for the song's enduring popularity.
    • Sunny & The Sunliners (1965): This version showcased the song's versatility, blending it into the Tejano genre and expanding its reach.
    • Los Invasores de Nuevo León (1983): Their interpretation further solidified the song's status in regional Mexican music.
    • Grupo Seleccionado (2024): A live performance that introduced "Aguanta Corazón" to newer audiences, demonstrating its timeless appeal.

    Other Information

    Copyright Length. This song was copyrighted in 1965 under EU896688, with a renewal notice on November 6, 1972. The copyright for "Aguanta Corazón" in the United States is expected to expire in 2060, unless further legal extensions or changes apply. After the copyrights expire, the compositions will enter the public domain and will no longer be eligible to earn royalties.

    Financials

    Earnings By Period

    Quarterly, as statements report

    • Domestic
    • International
    • Net

    Note: BMI earnings are reported for the period in which they were earned, not for the period they are paid.

    Note: BMI’s Q2-2020 distribution includes non-recurring settlement payments from the Radio Music Licensing Committee (RMLC). The settlement represents a rate increase for radio performances in years 2017-2019. You can view the amount of the settlement in the Raw Data file under the “raw_music_user” column with the label: “RMLC2017 STLMNT”, “RMLC2018 STLMNT” and “RMLC2019 STLMNT.”

    Year20202021202220232024*
    Earnings$8,359$10,034$11,184$13,580$11,653

    * 2024 earnings have not been paid for the entire year.


    Works

    WorksEarningsShare
    Aguanta Corazon$15,904100%

    Income Types

    Income TypesEarningsShare
    Performance$15,904100%

    Sources

    Streaming has shown robust growth, with a Compound Annual Growth Rate (CAGR) of 20.05%. The revenue from streaming started at $4067 in Year 1, growing to $8449 by Year 5. 

    International exhibited the highest volatility and growth, with a staggering CAGR of 42.72%. Starting at $1042.19 in Year 1 and peaking at $4324.57 by Year 5. The percentage of overall earnings from this source also saw significant growth, reflecting an expanding international footprint. 

    Radio royalties provided a modest but stable income stream with a CAGR of 1.79%. The earnings from radio displayed minor yearly growths and contractions but maintained a relatively consistent share of the overall earnings. This suggests that radio remains a relatively stable but slow-growing revenue source.

    Satellite Radio earnings have seen a minimal decline over the five years, with a negative CAGR of -2.33%. This decreasing trend indicates a diminishing reliance on this source, potentially due to shifts in consumer preferences or technological advancements in music consumption.

    SourcesEarningsShare
    Streaming$8,44953%
    International Sources$4,32527%
    Streaming$3,46380%
    Radio$3969%
    Live Performance$3809%
    TV and Film$471%
    Other$371%
    Radio$2,17214%
    Satellite Radio$5774%
    Retail Plays$1101%
    Other$2722%

    Users

    Spotify shows a strong Compound Annual Growth Rate (CAGR) of 47.55%, demonstrating significant growth in royalty earnings and 18% of overall earnings in Year 5.

    Apple Music presents a consistent growth trajectory with a CAGR of 34.07%. It maintains a steady increase in its percentage of overall earnings, ending Year 5 at 13.29%. 

    Pandora, in contrast, exhibits a negative CAGR of -4.65%, with declining royalty earnings from Year 2 onward. This decline is reflected in its decreasing percentage of overall earnings, culminating at 10.12% in Year 5. 

    YouTube shows a modest CAGR of 19.07%. While YouTube is a solid contributor to the catalog, it might not be the primary driver of growth.

    UsersEarningsShare
    Spotify$2,79618%
    Apple Music$2,11413%
    Pandora$1,61010%
    Youtube$1,4999%
    Amazon$3782%
    Other$7,50847%

    * 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 TitleWork ID
    AGUANTA CORAZON12200