[NFT] Lil Dicky’s “Save Dat Money” — Publishing Royalties
Up for bid are publishing earnings from a 2X Platinum hip-hop track.
The Theoretical IRR is a formulaic guideline based on an extrapolation of the normalized, historical earnings trend of the catalog. The Theoretical IRR is not a guarantee of future performance. It should be used for comparison purposes only. Each catalog has its own risk factors and the Theoretical IRR is not based upon a specific analysis of this catalog. Click here to view the basis for all Theoretical IRR calculations.
Historic royalty income is no indication of future royalty income. Future royalty income is dependent upon future sales and licensing revenue generated by the sound recordings or compositions associated with this listing.
| Starting Price: | 3.113 ETH |
| Bidding Increment: | 0.048 ETH |
| Closing Price: | 9.209 ETH |
| End Date: | Jun 08, 2021, 3:30 PM MDT |
| Dollar Age: | 5.86 Years |
| Last 12 Months' Royalties: | $2,634 |
| Investment Term: | At Least 29 Years (See Note Below) |
| Distributors: | Jingle Punks (A Division of Anthem Entertainment) |
| Rights Included: | Mechanical, Public Performance, Sync |
| Interests Included: | Co-publisher (World) |
| Track List: | |
| First Distribution (paid 30 days from receipt): | September 30, 2021 |
| Distribution Frequency: | Biannually |
| Buyer Fees: | 1% of closing price‡ |
| NFT Contract Address: | |
| NFT Token ID: | |
| Closing Documents: |
*This auction is subject to the terms of the standard purchase and accounting agreements linked above. By placing a bid, you acknowledge that you have read, understand, and agree to the terms.
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What rights are included?
| Musical Composition | Sound Recording | |||||||
|---|---|---|---|---|---|---|---|---|
| Copyrights included? | No | — | ||||||
| Rights: |
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| Sources: | Internet Streaming, AM/FM & Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, etc. | Internet Streaming, Satellite Radio, Digital Downloads, CD Sales, TV/Film/Commercial Placements & Performances, Samples, etc. | ||||||
| Distributors: | Jingle Punks (A Division of Anthem Entertainment) | — |
Description
The format of this auction is as “non-fungible token” (NFT): a digital certificate of ownership created and stored on the Ethereum blockchain. All bidding will be conducted in Ether, the native currency of Ethereum. Royalties collected by the winning bidder will also be paid in Ether. For more details about Royalty Exchange NFT auctions, please read the article about NFT Auctions.
Up for bid here are multiple royalty streams from the 2X Platinum “Save Dat Money” from rapper/comedian Lil Dicky featuring Fetty Wap and Rich Homie Quan. As the winning bidder, you will earn three types of royalties for the track: mechanical, public performance, and sync.
FINANCIAL HIGHLIGHTS:
The highest-earning source are mechanical royalties with 62% of returns in the last year. Public performance follows with the remaining 35%.
You’ll notice a spike in earnings in H2-2020. This is the result of catch-up mechanical payments from YouTube. It’s unlikely other payments like this will occur again, but if it does the winning investor will be entitled to them.
ABOUT THE CATALOG:
This single-song auction features Lil Dicky’s “Save Dat Money,” released in June 2015 as the third single from his debut studio album. "Save Dat Money" features guest appearances from hot rappers Fetty Wap and Rich Homie Quan. It peaked at No. 71 on the Billboard Hot 100 chart and was certified double-Platinum by the RIAA in 2019.
The Professional Rapper album was wildly successful, debuting at No. 7 on the Billboard 200 and at No. 1 consecutively on three other charts: Comedy Albums, Rap Albums, and Independent Albums.
To date, the track “Save Dat Money” has an impressive 221+ million spins on Spotify, while the video has nearly 167 million views.
Key Drivers
Dollar Age. This catalog has a Dollar Age of 5.97 years. This means the song has earned for nearly six years. A high Dollar Age like this suggests stability and longevity. A catalog containing mature works is something worth noting as an investor, as it can help sustain a catalog's earnings moving forward.
Income Mix. The winner of this auction can receive income in various ways:
- Mechanical: Royalties paid to songwriters and publishers when music is sold (think CD or vinyl) but also when music is streamed (streaming mechanicals) “on-demand” (like Spotify).
- Performance: Royalties paid to songwriters when music is performed publicly. Music played over the radio, in a restaurant or bar, or over a service like Spotify or Pandora is considered a public performance.
- Synchronization: Royalties paid to songwriters and publishers for the licensing of a song in music for a movie, TV show, or commercial.
NOTE ABOUT INVESTMENT TERM
The investment term is “at least 29 years” because U.S. copyright law gives artists and songwriters the right to terminate a copyright assignment after 35 years. The seller of this catalog acquired the copyrights via assignment in 2015, so the songwriter may have the right to terminate the assignment beginning in 2050 (35 years from 2015). Click here to learn more about copyright termination.
About the Royalty Distributor
Jingle Punks is one of the largest providers of music for media in the world. Jingle Punks was founded in 2008 with offices in Los Angeles, New York, Toronto, and London and strives to rise above the status quo, endeavoring to create unique and innovative musical solutions for our clients. Jingle Punks is owned by Toronto-based rights management company, Anthem Entertainment.