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Listing 6792

Luke Combs, Drew Green + More Songwriter Royalties

Artwork for Luke Combs, Drew Green + More Songwriter Royalties
    • ASCAP
    • Luke Combs
    • Drew Green
    • Conner Smith
    • Hunter Phelps
    • Jon Langston
    • …

    Offers

    Sale Price

    $19,900

    6.86 x LTM

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    38 offers made by 13 buyers

    • List price
    • Closed
    • Accepted

    Offer History

    • $19,900

      Buyer 7 made 114 days ago

      Accepted
    • $19,700

      Buyer 9 made 115 days ago

      Outbid
    • $19,500

      Buyer 5 made 116 days ago

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    • $19,300

      Buyer 7 made 116 days ago

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    • $19,100

      Buyer 5 made 116 days ago

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    About

    $2,899
    3-Year Average
    $2,838
    Earnings Since 2019
    $13,227
    3.77 Years
    Works Included
    6
    $**,***
    $3,050
    Owner Last Active
    Over 30 days ago
    Term Adv 30-YearTerm Advance 30-Year
    Years Remaining
    30.00
    Expiration Date
    Jul 24, 2056July 24, 2056
    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 catalog is built from a run of major-artist country cuts — five songs by five charting artists: Luke Combs, Conner Smith, Drew Green, Jon Langston, and Hunter Phelps. The anchor, "Front Door Famous," recorded by Luke Combs on his 2024 album Fathers & Sons, roughly doubled its writing income from the first year to the second. 

    Like most modern country, it earns primarily through streaming, about 90% of income. What sets it apart is the balance. That streaming is spread evenly across platforms rather than riding on one. Apple Music, Spotify, and Pandora each take roughly a fifth to a quarter, with YouTube and Amazon behind them. No single service carries the catalog.

    The last twelve months earned about $2,899 — within 2% of the three-year average of $2,838, and slightly above it. Even though the trailing year is down about 16% from the one before, that prior year was a peak lifted by the Combs cut's first-year streaming burst; the pullback simply returns earnings to their baseline.

    For an investor, this is a focused bet on recent, streaming-era country songwriting: broad platform income from multiple charting artists, already settled at its floor rather than still cooling from a spike.

    Artist & Song Information

    "Front Door Famous" opens Luke Combs' fifth studio album, Fathers & Sons, which debuted at No. 6 on the Billboard 200 in June 2024. Combs is one of the defining artists of modern country: a Grand Ole Opry member with a long run of No. 1 country-radio singles and a diamond-certified hit in "Beautiful Crazy," and a repeat CMA, ACM, and Billboard Music Award winner.

    "I Hate Alabama" was Conner Smith's debut single and his breakout. It went viral on TikTok and reached No. 21 on Billboard's Country Digital Song Sales chart in late 2021, surging when Georgia beat Alabama for the national championship that January — success that earned Smith his Big Machine/Valory deal and Billboard's Country Rookie of the Month. He has since reached the Hot 100 and topped the UK Country Airplay chart with "Creek Will Rise."

    "Get Up and Get It" comes from Drew Green, a Sony Music Nashville singer-songwriter who first broke in as a writer. "Throwin' Parties" is the catalog's longest-tenured song and its most telling credit. It's recorded by Hunter Phelps, one of Nashville's premier hit songwriters — a Warner Chappell/Tape Room writer behind a string of No. 1 country singles including HARDY and Lainey Wilson's "wait in the truck," HARDY's "TRUCK BED," and Chris Lane's "I Don't Know About You," plus a CMA Triple Play Award. Phelps also co-wrote two other songs in this catalog, a reminder that these cuts come from the same tight circle of Nashville writers.

    Financials

    Earnings By Period

    Quarterly, as statements report

    • Domestic
    • International
    • Net
    Year20222023202420252026*
    Earnings$2,149$2,098$2,760$3,449$1,066

    * 2026 earnings have not been paid for the entire year.


    Works

    Front Door Famous — 2024
    The catalog's largest earner at roughly 40% of recent income, recorded by Luke Combs, with writing royalties that roughly doubled from its first full year to its second.

    Get Up and Get It — 2021
    About 31% of recent income and one of the steadiest quarter-to-quarter earners in the catalog, recorded by Drew Green.

    I Hate Alabama — 2021
    Roughly 20% of recent income, recorded by Conner Smith, and the one top track that posted its strongest quarter in the most recent period and has maintained a positive CAGR of 7.92%.

    WorksEarningsShare
    Front Door Famous$1,15140%
    Get Up And Get It$90731%
    I Hate Alabama$57420%
    Throwin' Parties$1997%
    Heart On Ice$672%
    Other$00%

    Income Types

    Income TypesEarningsShare
    Performance$2,899100%

    Sources

    Streaming has been the dominant revenue source, contributing between 88.01% and 95.32% of total earnings annually.

    SourcesEarningsShare
    Streaming$2,62190%
    Live Performance$1154%
    Radio$90%
    Retail Plays$60%
    Satellite Radio$10%
    Other$1475%

    Users

    Apple Music (about 24% of LTM)
    The single largest platform, reflecting Apple's higher per-play performance rates and no free tier.

    Spotify (about 23% of LTM)
    Nearly level with Apple and the largest by raw listenership, a core and stable channel.

    Pandora (about 20% of LTM)
    An unusually prominent share, a good sign for country writing income given Pandora's radio-style listening and its strength with U.S. country audiences.
     

    UsersEarningsShare
    Apple Music$68524%
    Spotify$67023%
    Pandora$56519%
    Youtube$1987%
    Amazon$1886%
    Other$59220%

    * 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 IDAlternate ID
    FRONT DOOR FAMOUS924067202
    GET UP AND GET IT907629377920237896, 927484465, 932358542
    HEART ON ICE916906769933264067
    I HATE ALABAMA911441875
    THROWIN PARTIES
    THROWIN' PARTIES896960126897657989