Offers
Sale Price
$60,200
8.43 x LTM
Listing Tools
Price Tracker
9 offers made by 5 buyers
- List price
- Closed
- Accepted
Offer History
$60,200
Buyer 4 made 8 days ago
Accepted$59,800
Buyer 5 made 9 days ago
Outbid$59,400
Buyer 2 made 10 days ago
Outbid$59,000
Buyer 4 made 10 days ago
Outbid$58,000
Buyer 4 made 10 days ago
Increased
About
- $7,143
- 3-Year Average
- $8,450
- Earnings Since 2017
- $114,879
- 9.11 Years
- Works Included
- 4
- $**,***
- $50,000
- Owner Last Active
- 9 days ago
- Life of Rights
- Musical Composition
- Public Performance
- No
- Payor
The information on this listing was accurate as of the last earning statistics update on
Overview
One dollar. That’s the difference between what “1942 Flows” paid over the last twelve months ($6,178) and the twelve months before ($6,177). More than nine years after release, this Meek Mill catalog is doing what investors want from a royalty asset: paying the same money, quarter after quarter.
The asset holds the songwriter’s share of BMI public performance royalties on four songs. Three come from Wins & Losses, the 2017 album that debuted at No. 3 on the Billboard 200. The fourth comes from Lost Souls, the 2022 debut from Vory, the Grammy-winning writer signed to Meek’s Dream Chasers label. Every stream, broadcast and public play of these songs pays into it.
Total income came in at $7,143 over the last twelve months against $7,267 the year before, a difference of 1.7% across eight consecutive quarterly statements. Apple Music drives 56% of that income and has paid between $963 and $1,068 in each of the last five quarters. Apple Music sells subscriptions only, so every one of those dollars traces back to a paying listener. Spotify grew in each of those same five quarters and finished the year up 62%.
Meek Mill has spent fifteen years building a loyal audience, with seven top-ten albums on the Billboard 200 and two No. 1s. He’s headlining arena dates through the end of 2026, including a hometown show at Philadelphia’s Xfinity Mobile Arena, which keeps this catalog in front of the fans who stream it.
Artist & Song Information
Philadelphia’s Meek Mill rose through his Dreamchasers mixtapes before signing to Rick Ross’s Maybach Music Group. He has since placed seven albums in the Billboard 200 top ten, and two that hit No. 1. Wins & Losses, his third studio album, arrived July 21, 2017 and debuted at No. 3 on the Billboard 200 with 102,000 album-equivalent units. This catalog holds three of its songs. “1942 Flows,” the catalog’s top earner, is a reflective track that became a single in April 2018 with a Spike Jordan-directed video that cut together footage of the #FreeMeekMill protests in Philadelphia while he was in prison. “Save Me” and “Issues” round out the album’s contribution.
Vory wrote “Not My Friends,” from Lost Souls, his debut studio album, released June 3, 2022 through Dream Chasers and UMG Recordings. Raised in Louisville, Vory first made his name as a songwriter for some of hip-hop and R&B’s biggest artists and won a Grammy for his work on The Carters’ Everything Is Love. Lost Souls reached No. 1 on Billboard’s Heatseekers chart and drew positive reviews.
Financials
Earnings By Period
Quarterly, as statements report
- Domestic
- International
- Net
Note: BMI earnings are reported for the period in which they were earned, not for the period they are paid.
Note: BMI’s Q2-2020 distribution includes non-recurring settlement payments from the Radio Music Licensing Committee (RMLC). The settlement represents a rate increase for radio performances in years 2017-2019. You can view the amount of the settlement in the Raw Data file under the “raw_music_user” column with the label: “RMLC2017 STLMNT”, “RMLC2018 STLMNT” and “RMLC2019 STLMNT.”
| Year | 2022 | 2023 | 2024 | 2025 | 2026* |
|---|---|---|---|---|---|
| Earnings | $11,601 | $10,651 | $8,283 | $7,187 | $1,785 |
* 2026 earnings have not been paid for the entire year.
Works
1942 Flows (2017)
The engine of the catalog at 86.5% of the last twelve months, and dead flat year over year at $6,178 against $6,177.
Save Me (2017)
6.3% of the last twelve months and softening 2.6%, with quarterly earnings holding in a $111 to $117 band across the last four statements.
Issues (2017)
4.3% of the last twelve months, softening 11.8% year over year off a small base.
Not My Friends (2022)
2.9% of the last twelve months, softening 25.7% as the newest song in the catalog moves past its heaviest paying years. Its quarterly payments have been within $7 of each other for four straight quarters.
| Works | Earnings | Share |
|---|---|---|
| 1942 Flows | $6,178 | 86% |
| Sa Ve Me | $453 | 6% |
| Issues | $304 | 4% |
| Not My Friends | $209 | 3% |
Income Types
| Income Types | Earnings | Share |
|---|---|---|
| Performance | $7,143 | 100% |
Sources
Streaming (98.7% of LTM)
Effectively the entire asset, and softening 0.5% year over year. It earns daily across on-demand and programmed services.
| Sources | Earnings | Share |
|---|---|---|
| Streaming | $7,049 | 99% |
| Radio | $14 | 0% |
| Retail Plays | $13 | 0% |
| Satellite Radio | $2 | 0% |
| TV and Film | $1 | 0% |
| Other | $64 | 1% |
Users
Apple Music (56% of LTM)
The dominant payor by a wide margin, and the service reporting the highest play volume on the lead track. Its payments softened 9.6% year over year on flat reported plays.
YouTube (17% of LTM)
The second-largest payor and the platform most likely to resurface older catalog through recommendation and user-uploaded video.
Spotify (12% of LTM)
The fastest-growing line in the catalog, up 62% year over year on reported play volume that has increased in each of the last five quarters.
Pandora (4% of LTM)
A US programmed-radio contributor, flat year over year.
| Users | Earnings | Share |
|---|---|---|
| Apple Music | $3,970 | 56% |
| Youtube | $1,181 | 17% |
| Spotify | $867 | 12% |
| Pandora | $303 | 4% |
| Tidal | $50 | 1% |
| Other | $773 | 11% |
* 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 Title | Work ID |
|---|---|
| 1942 FLOWS | 25052770 |
| ISSUES | 25303279 |
| NOT MY FRIENDS | 57874762 |
| SA VE ME | 24843631 |
