hits of Bieber and Backstreet Boys up for auction

MILAN – ANote Music (“ANote”), the main European marketplace for investments in music rights, announces the arrival on the platform of the Steve James catalog, with the opening of the auction on 50% of the royalties on the artist’s songs , American DJ and producer. The catalog includes five songs brought to success by great protagonists of the pop and EDM (Electronic Dance Music) panorama of recent years: Purpose (Justin Bieber), Nobody Else (Backstreet Boys), Power (Little Mix), Best of You (Andy Grammer ) and In the Name of Love (Martin Garrix and Bebe Rexha).

The catalogue, available on the ANote platform for the entire lifecycle of the rights, has generated average annual royalties of €29,648 in the last three years (2019-2022) and €28,556 in the last 12 months (2021-2022). The total valuation of the catalog is €280,000 and the first royalty distributions are expected 3 months after the closing date of the auction.

Born in Pennsylvania (USA) in 1998, Steve James is a versatile artist: he studied piano in his childhood, but fell in love with electronic music as a teenager, after attending a concert by DJ Avicii. Success arrives in 2014, then consolidating following the meeting in Los Angeles with the artist Jason Boyd (aka Poo Bear): with him he works on the title track of Justin Bieber’s album, Purpose, which gets 3 discs of platinum in America and 4 in Canada, earning Steve James his first Grammy Award nomination.

Among the other illustrious collaborations of the artist, DJ and producer, also the one with Martin Garrix and Bebe Rexha, with whom he worked on In the Name of Love, present in the ANote catalogue: the song, released in 2016, was well received by the public and became a great success entering the charts of over 30 countries.

“I’m really happy that my catalog is available on ANote Music” says Steve James. “It has been an incredible experience seeing my songs’ royalties perform over the years and I’m really happy that a platform like ANote offers fans and listeners the opportunity to experience the same emotions I felt. Now, when they hear one of the songs in the catalogue, whether it’s on the radio or at the gym, they’ll be able to experience firsthand the joy that comes with owning some of it. In addition to this, this partnership allows me to finance my music and my artistic project, giving me the possibility to push myself beyond what I have done up to now. Ultimately, what ANote is doing today, helping artists and fans, will be central to the record market of tomorrow.”

Steve James’ catalog thus adds to the rich offer of ANote, which in 2022 launched 108% more new catalogs on the platform, allowing its users to invest in many different genres and music catalogs while earning on royalties. To date, the community has over 20,000 investors, of which 91% already boast profits, who can invest easily and intuitively directly via the app. Among the most recent novelties, for example, the catalog of the artist and composer Sterling Fox stands out (author for Avicii, Britney Spears and Adam Lambert), but also the metal of Logan Mader (ex Machine Head guitarist), the performances of some of the most important jazz artists in the Sundance catalog, to arrive at the soundtrack of the film Cadillac Records, full of iconic blues covers and original R&B songs performed by Beyoncé and Solange Knowles.

Source link

Leave a Comment