KB, Brandon Lake, Lecrae + More Publisher Royalties

This asset includes the publishing royalties from KB, an active and award-winning Christian rapper. This catalog isn't a vault of frozen work. KB has won the GMA Dove Award for Rap/Hip-Hop Album of the Year twice, and the lead singles from both winning albums are inside this catalog. A new KB album is set to release in July 2026, and new releases typically pull existing fans back into an artist's earlier work while introducing the catalog to new listeners. The back catalog tends to see the lift, not just the new record.

A 5.89 dollar age tells you what kind of asset this is. The bulk of the earnings come from songs released between 2018 and 2022, past the steepest drop-off phase of new releases. That maturity shows up in the quarterly data: earnings settled at $4,047 in 4Q2025 and $4,162 in 1Q2026, two consecutive quarters less than 2% of each other. That's the shape of a catalog finding its floor. That floor comes with a caveat. Beginning 4Q2025, Music Services took over administration of the seller's performance royalties, and BMI distributions that had averaged roughly $800 per quarter stopped flowing as a separate line. The BMI side hasn't caught up in the Music Services statements yet, so a meaningful slice of the trailing twelve months is in transit and the recent quarterly figures understate the catalog's true earnings power.
What makes the income profile more compelling is that these earnings aren't carried by a single hit. The top track, "No Chains," accounts for 17% of the trailing twelve months, and 48% of LTM comes from songs outside the top five. That's real depth for a 38-song catalog, and a structure that doesn't depend on any one track continuing to perform.

For an investor, this is a focused bet on a Dove-decorated artist who is still active, with catalog depth beneath the headliners, a quarterly earnings line that has flattened into a visible floor, an upcoming July 2026 album that creates a near-term tailwind for the back catalog, and pending administrator-transition income that should restore part of the recent quarterly run rate as it works through.

KB (Kevin Elijah Burgess) is an award-winning Christian hip-hop artist from Tampa, Florida. Across the catalog, KB has logged four consecutive No. 1 debuts on Billboard's Top Christian Albums chart and a top 5 on Billboard's Top Rap Album chart.

"No Chains" (April 2018) is the catalog's longest-tenured track and peaked at No. 30 on the Billboard Christian singles chart. "10K" (July 2020) is a pre-release single from His Glory Alone — the album that won KB the 2021 GMA Dove Award for Rap/Hip-Hop Album of the Year. The track interpolates Matt Redman's worship standard "10,000 Reasons (Bless the Lord)", and its music video has drawn well over 1 million YouTube views. 

"Graves" (October 2022) carries the most decorated single profile in the catalog. A collaboration with Grammy-winning worship artist Brandon Lake and the lead single from His Glory Alone II, the track samples Elevation Worship and Lake's "Graves into Gardens," peaked at No. 33 on the Billboard Hot Christian Songs chart, and won the 2023 GMA Dove Award for Rap/Hip Hop Recorded Song of the Year, with an additional nomination for Short Form Music Video of the Year. The parent album, His Glory Alone II, later earned KB his second Dove Award for Rap/Hip-Hop Album of the Year at the 55th Annual GMA Dove Awards in 2024. A "Graves (Reprise Version)" is also present in this catalog. 

Earnings Note. 1Q2023, 2Q2023, and 3Q2024 include sync payments for the song "DON'T WORRY BOUT IT" totaling $6,994.80, $1,748.70, and $2,623.05, respectively. Any similar payments in the future will be payable to the buyer.

Earnings Note. Through 3Q2025, the seller collected performance royalties directly from BMI. Beginning 4Q2025, Music Services took over administration and now collects all performance royalties on the seller's behalf, with BMI income flowing through the Music Services statements rather than as a separate BMI distribution.