Fee, Vicky Beeching, + more - Songwriting Royalties

When Christian rock band Fee released “Glory To God Forever” in 2009, it hit No. 1 on the iTunes Christian and Gospel chart in under 12 hours. The song has earned royalties every year since, totaling more than $15,000 over 17 years, and other artists keep recording it, including Tye Tribbett in 2023.

Most of the rest of the catalog was recorded by British worship leader Vicky Beeching, whose music earned her the Cranmer Award for Worship from the Archbishop of Canterbury in 2017. These songs were written for congregations to sing, and many have been earning for more than 15 years. Over the last twelve months, they paid in 74 countries, including live performances in the Philippines and radio in Germany. More than half of that income came from outside the US, and streaming led at 54%.

2024 was the catalog’s best year since 2014, lifted by a large US live performance payment, a one-time UK payment, and a short rise in UK streaming. Earnings have since settled back to $1,360 over the last twelve months, in line with each year from 2019 through 2023. That is about 50% below the prior twelve months, or about 22% without the UK payment and streaming rise, mostly from lower US streaming on “Glory To God Forever.” That song earns 43% of the catalog, and “Above All Else” earns 22% after its best year ever in 2025.

For an investor, this is a chance to own a worship standard with 17 years of earnings history and a second track on the rise.

This catalog is built from modern worship songs, the kind written for church services and sung by congregations week after week.

Fee first recorded Glory To God Forever as the lead single from its 2009 album Hope Rising. The song reached No. 22 on Billboard's Christian Songs chart and has since been recorded by North Point Worship and by Tye Tribbett with Sharon Ann.

Vineyard UK, the worship group of the Vineyard church movement in the UK and Ireland, recorded Above All Else and Awesome God (Your Voice). There's No One Like Our God appears on its platinum album Hungry (1999).

British worship leader Vicky Beeching recorded most of the remaining songs on albums for Sparrow Records and Integrity Music, including Yesterday, Today and Forever (2005), Painting the Invisible (2007) and Eternity Invades (2010). In 2017, the Archbishop of Canterbury gave her the Cranmer Award for Worship.

Together, these songs have earned for well over a decade, carried by church singing, streaming, and radio across dozens of countries.

Earnings Note. 4Q2024 includes a one-time UK performance royalty of about $300 for 'Breath of God.' Any similar payments in the future will be payable to the buyer.