Fredo, D-Block Europe, + more - Songwriting Royalties

This asset includes songwriter's public performance royalties for a group of UK hip-hop recordings. They don’t rest on one artist or one song. The earnings spread across five established acts in UK rap and its surrounding scene: Fredo, D-Block Europe, Nines, Young Adz, and K-Trap, and no single track carries the catalog. The largest earner is barely a fifth of the past year's total, five different songs each clear ten percent of it, and roughly a quarter of the last twelve months comes from songs outside the top five. That is real depth underneath the headliners, not a single moment fading on a timer.

The tall bar at the start is not a peak the catalog has fallen from. That early payment covered a longer stretch of activity than the regular distributions that followed, which is why it stands above them. Once earnings settled into PRS's normal distribution schedule, each payment reflected ongoing listening rather than a single block of earlier earnings.

What actually shapes the asset is geography. A little over four-fifths of the income is earned in the United Kingdom, with a smaller international tail running through Australia, Ireland, the Netherlands, Canada, and continental Europe, so the catalog moves largely with UK streaming.

For an investor, the appeal is the combination: a perpetual, life-of-rights performance stream from artists who are still commercially active and still releasing, spread across enough songs that no one cooling track decides the outcome. The short earnings history is what keeps the entry price modest, and the catalog's depth, its steady daily streaming base, and the continued relevance of the names attached are the reasons that price is worth acting on.

The catalog captures a slice of UK rap's most commercially dominant decade, drawn from artists who have repeatedly reached the upper end of the Official Charts. Fredo, from West London, has placed four albums in the UK top ten, including the number-two Money Can't Buy Happiness and Independence Day, the source of the catalog's top earner. 

D-Block Europe, the Lewisham duo of Young Adz and Dirtbike LB, hold more UK top-ten album entries than any other British rap act and topped the chart outright with Rolling Stone. Nines, from Harlesden, is a number-one album artist whose Crabs in a Bucket hit the top spot and whose later projects charted at number two.

Several of the catalog's tracks sit within institutions of the scene rather than standing alone. The Daily Duppy entries belong to GRM Daily's long-running freestyle franchise, a recurring showcase that keeps drawing views and streams years after release. Others are album and freestyle cuts from the artists' most-streamed eras. Together they form a coherent picture: not a grab-bag of one-off singles, but a set of recordings tied to recognizable, still-working names in a genre that continues to command UK chart real estate.

Exchange Rates. Royalties for this asset are reported by PRS in Great British Pounds (GBP). To calculate royalty payments in U.S. Dollars (USD), Royalty Exchange applies the average historical exchange rate for the distribution month (via X-rates.com). Future royalties will be paid to Royalty Exchange in GBP converted to USD upon receipt and then paid in USD to the winning investor. The receiving bank may increase the exchange rate by up to 2.5% as a transaction fee. 

Distribution Schedule: PRS distributes two types of distributions, labeled “main” and “mini”. Main distributions are made four times per year: April, July, October, and December. Mini distributions are paid monthly. Historically, these payments did not occur every month; starting in August of 2025, they are expected to occur every month. As the winning bidder, you'll be entitled to all main and mini distributions. 

Payments are represented in the financial bar charts of this listing based on the dates below.