Royalty Exchange
Back to Marketplace

Listing 6874

"Ice Cream Paint Job" Songwriter Royalties

Artwork for "Ice Cream Paint Job" Songwriter Royalties
    • ASCAP
    • …

    Offers

    Sale Price

    $60,300

    7.90 x LTM

    Listing Tools

    Price Tracker

    13 offers made by 6 buyers

    • List price
    • Closed
    • Accepted

    Offer History

    • $60,300

      Buyer 1 made 66 days ago

      Accepted
    • $59,900

      Buyer 6 made 66 days ago

      Outbid
    • $59,500

      Buyer 1 made 68 days ago

      Outbid
    • $54,000

      Buyer 2 made 68 days ago

      Outbid
    • $59,000

      Buyer 5 made 68 days ago

      Outbid

    About

    $7,634
    3-Year Average
    $7,141
    Earnings Since 2009
    $121,233
    17.23 Years
    Works Included
    2
    $**,***
    $50,000
    Owner Last Active
    Over 30 days ago
    Term Adv 30-YearTerm Advance 30-Year
    Years Remaining
    30.00
    Expiration Date
    Sep 9, 2056September 9, 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

    In 2009 a Dallas rap single about a candy-painted car reached No. 27 on the Billboard Hot 100 and went Platinum. By 2014 it was only paying about $1,000 a year. Streaming brought it back, and the last twelve months are the strongest twelve months this catalog has had since 2011.

    The comeback is not just a dollar figure. It shows up in plays. ASCAP reported about 47 million performances of this song over the last twelve months, up from 36 million the year before. Spotify plays nearly doubled. YouTube and Pandora both climbed. The data does not point to one event that caused it. What it shows is a song that has held a steady place in 2000s throwback listening, quarter after quarter, and is being played more today than it was in 2019.

    This is public performance income, collected by ASCAP. It is paid whenever the song is played in public: streamed, on radio, on satellite, in a gym or a store, or live on stage. Streaming is 88% of the last twelve months and grew 32%. Radio adds another 4%. About 93% of the money is earned in the United States, with the rest arriving from roughly 35 countries through ASCAP's agreements with performing rights societies overseas, led by Canada, Germany, the U.K. and Australia.

    For an investor, the case is a record that has already been through its rise, its long drop and its recovery. Earnings have grown in each of the last four years and now sit about 7% above the three-year average. You are buying a Platinum single that has spent a decade rebuilding, at a level it has not reached in fifteen years, for the next thirty years of collections.

    Artist & Song Information

    This catalog is a single Platinum hit from the late-2000s Southern rap era.

    "Ice Cream Paint Job" is the breakout single from Dorrough, the Dallas rapper who records as Dorrough Music. Released on April 7, 2009, it became his only Hot 100 entry and his defining record. It reached No. 27 on the Hot 100, No. 10 on Hot R&B/Hip-Hop Songs, No. 5 on Hot Rap Songs and No. 14 on Rhythmic Airplay, spending twenty weeks on the Hot 100. The RIAA certified it Platinum in 2010. It also finished the year at No. 48 on Billboard's year-end R&B/Hip-Hop Songs chart and No. 14 on year-end Rap Songs.

    The song carried his debut album, Dorrough Music, released on E1 Music in August 2009, to No. 36 on the Billboard 200, No. 6 on Top R&B/Hip-Hop Albums and No. 2 on Top Rap Albums. A West Coast remix followed in September 2009 with Snoop Dogg, Nipsey Hussle, E-40, Soulja Boy and Jim Jones. Girl Talk sampled it on the 2010 album All Day. The phrase itself entered car and hip-hop slang and stayed there, which is a large part of why the song is still surfacing in playlists and short-form video seventeen years later

    Other Information

    Earnings Note. The most recent distribution period shows a small total because only the international portion of it had been paid as of the valuation date. ASCAP's domestic payment for that period has not yet been distributed, and it is payable to the winner of this catalog.

    Financials

    Earnings By Period

    Quarterly, as statements report

    • Domestic
    • International
    • Net
    Year20222023202420252026*
    Earnings$3,689$6,270$6,474$7,190$3,313

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


    Works

    WorksEarningsShare
    Ice Cream Paint Job$7,628100%
    Ice Cream Paint Job 2$60%

    Income Types

    Income TypesEarningsShare
    Performance$7,634100%

    Sources

    Streaming (88% of LTM) - The engine of the asset, up 32% over the prior twelve months. This is the performance side of on-demand streaming, paid by the services to ASCAP and passed through. It earns every day, in every market where the major platforms operate.

    Radio (4% of LTM) - Up about 19%. Seventeen years after release, terrestrial radio still plays this record and still pays on it, which is unusual for a single hit of this age.

    Satellite Radio (1% of LTM) - Essentially flat year over year. Small, but one of the steadiest lines in the file.

    SourcesEarningsShare
    Streaming$6,70888%
    Radio$3184%
    Satellite Radio$1001%
    Retail Plays$571%
    Streaming Video$370%
    Other$4135%

    Users

    Spotify (30% of LTM) - The largest payor and the biggest single reason earnings grew, up about 81%. Reported Spotify plays nearly doubled over the year.

    Apple Music (21% of LTM) - The second-largest payor, up about 15%. It pays among the highest per-play rates of the major services, which is why it contributes more than its play share suggests.

    Pandora (12% of LTM) - Up about 27% on rising reported plays.

    YouTube (10% of LTM) - Combined across YouTube's audio and video performance lines, and up roughly 100% over the prior twelve months. It is the platform most likely to keep resurfacing a 2009 record through recommendations and user-uploaded video.

    The remaining arrives from smaller services, including Amazon, SiriusXM, SoundCloud, Apple Fitness, Peloton and Facebook, from radio and from payments ASCAP reports at the society level without a platform label.

    UsersEarningsShare
    Spotify$2,27330%
    Apple Music$1,57421%
    Pandora$88212%
    Youtube$73410%
    Streaming$4035%
    Other$1,76823%

    * 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
    ICE CREAM PAINT JOB393657177890248185, 891025654
    ICE CREAM PAINT JOB 2924148229