AP Dhillon, Abraham Mateo, Ana Mena + More - Publishing Royalties

This listing features the publishing royalties of a diverse roster of global artists, including AP Dhillon, Abraham Mateo, Ana Mena, Ali Gatie, Phạm Lịch, Marco & Lluise, Pole., Johnny Valentine and many others.

This catalog is anchored by recent, globally active songs with a clear streaming-first earnings profile. Over the last 12 months, streaming made up about 87% of income, led by Streaming Mechanical (54%), Streaming Performance (18%), and Streaming Synchronization (15%). While the top track contributes ~34% of LTM earnings, nearly a quarter comes from outside the Top 5, with royalties flowing from 40+ payers across ~160 countries. Much of this activity is driven by Indian, Latin American, and Asian markets, some of the fastest-growing music regions worldwide, underscoring both the catalog’s reach and its connection to expanding global audiences.

With a Dollar Age of 2.72 years, the catalog remains relatively young and still in the early stages of its earnings cycle—an advantageous position that highlights its potential for continued growth, maturation, and long-term stability.

Download the investment memo for an in-depth analysis of this asset.

AP Dhillon, the Indian-Canadian singer, rapper, has become a global face of Punjabi music through hits that balance cultural authenticity with broad appeal. His 2023 track “With You”, featured in his Amazon docuseries First of a Kind, quickly rose to #2 on Spotify India, entered the global top 40, hit #1 on New Zealand’s Hot Singles Chart, and amassed over 25 million streams in just two weeks—a milestone Dhillon described as proof of his mission to make Punjabi music universally loved. In contrast, “Dil Nu” (2022), from his EP Two Hearts Never Break the Same, leans into emotional depth, charting at #16 on the UK Asian Chart and #7 on the UK Punjabi Chart with lyrics that capture themes of distance, heartbreak, and insecurity. Together, the songs showcase Dhillon’s dual strengths: crafting smooth, globally resonant anthems while also delivering vulnerable, intimate storytelling.

Abraham Mateo, the Spanish singer and producer known for blending Latin pop, reggaetón, and R&B, scored a major hit with “Quiero decirte” (2022), his romantic duet with Ana Mena from the album Insomnio. The nostalgic pop track spent over a year on Spain’s charts, earned 4× Platinum certification, topped iTunes Spain, and received both a Cadena Dial Award and a Los 40 Music Awards nomination—cementing it as one of his defining songs.

Phạm Lịch, a former dancer turned singer, rose to prominence with her 2023 hit “Là Anh”, a dreamy Vietnamese pop track that went viral on TikTok and YouTube. Blending heartfelt storytelling with modern sounds, it spawned numerous remixes and covers, cementing her as a rising pop artist.

Earnings Note. You’ll notice a spike in royalties in 2H-2023, which is the result of a Synchronization payments from China (totaling approximately $13,230 & $74,360) for the track “But U” by Chinese singer NINEONE#. Any future synchronization payments will be payable to the winner of this catalog.