Jeremih, Burna Boy, + more - International Songwriting Royalties

For years, this catalog was a quiet earner, doing the kind of steady work that only long-lived songs can do. Anchor tracks collected performance royalties across dozens of countries, building a foundation most catalogs never achieve. It wasn’t flashy. It was durable. And with “Birthday Sex” generating royalties consistently for well over a decade, the catalog’s core had long since proven its staying power.

Then something shifted. In 2024, the catalog nearly tripled year-over-year. The catalyst? Burna Boy’s “City Boys,” which sampled “Birthday Sex” and sent demand rippling across every income channel, from streaming to live performance to general broadcast. A 17-year-old song found a second life through a global superstar and brought the whole catalog with it. That kind of organic reignition doesn’t happen to just any song. It happens to songs people never forgot.

What makes this catalog especially compelling is the architecture underneath. Income flows from 150 countries, with no single market exceeding 30%. The UK, France, Germany, and Australia each contribute meaningfully, creating a natural hedge that most single-territory catalogs simply can’t offer. Streaming accounts for at least roughly 59% of recent revenue and has grown approximately 38% over two years, while live and general performance income round out the mix. With a Dollar Age of 13.73 years, these aren’t songs still proving themselves; they’ve already passed the test.

For investors seeking exposure to a globally diversified songwriting performance royalty stream, this catalog pairs proven anchor tracks with emerging growth catalysts. 'Birthday Sex' has generated performance royalties consistently for over a decade, while newer works like 'City Boys' provide upside potential.

For a detailed analysis of earnings trends, cash flow projections, and investment criteria, review the full Investment Memorandum.

"Birthday Sex" and "Love Don't Change" together highlight Jeremih's early trajectory. Released in 2009, "Birthday Sex" peaked at #4 on the Billboard Hot 100 and earned multi-platinum status, its concept-driven simplicity turning it into a lasting cultural staple and perennial birthday anthem. "Love Don't Change" (2010, from All About You) presented a more mature, emotionally grounded side, reaching the Top 20 on Billboard's R&B/Hip-Hop Songs chart. Together, the tracks demonstrate Jeremih's range — immediate, concept-driven appeal paired with mood-focused songwriting — while "Birthday Sex" remains the catalog's defining asset due to its enduring replay value.

"City Boys" by Burna Boy is a standout 2023 single from I Told Them…, built on a bouncy, stripped-back Afrobeats groove that subtly samples "Birthday Sex," reworking the familiar melody into a modern, rhythm-forward context. The track's "city boys up" hook spread rapidly across social media and nightlife, reinforcing Burna Boy's global reach. More than a streaming performer, the song functions as a lifestyle anthem rooted in energy, confidence, and repeatability, giving it durability well beyond its release cycle.

Note. This catalog will collect international (non-U.S.) earnings only. Domestic (U.S.) earnings are not included in any potential sale or the financial data presented.