All you need is $30K+ to get in on the action...
The burgeoning world of royalty auctions today hit a whole new level of visibility as one of the most popular songs of the last few years turned up on Royalty Exchange, an online auction site for music royalties. This as a back-up singer on Wiz Khalifa’s “See You Again” featuring Charlie Puth put up 100% of his U.S. digital performer royalties on the site with bids starting at $30,000.
The song, which was commissioned for the 2015 blockbuster Furious 7 as a tribute to the late actor Paul Walker, was the best-selling song of 2015 worldwide, with combined sales and track-equivalent streams of 20.9 million units, according to IFPI.
“See You Again” spent 12 weeks at No. 1 on the Billboard Hot 100 and broke several records including, at the time, the most-streamed track in a single day on Spotify in the U.S. and the most streams in a single week worldwide. More recently, on July 10, 2017, “See You Again” became the most-viewed YouTube video of all time with 2.8 billion views breaking Psy's five-year record for "Gangnam Style" (but was shortly thereafter surpassed by Luis Fonsi's mega smash hit of this summer ’Despacito’).