Obsessed
By Felicia Lu
Alternative, Pop
Earn from
streams & radio
Earn proceeds
for 70 years
First proceeds
4 mth after release
Details
Rights:
Master rights & Publishing rights
Type:
Participation Rights Music NFT
Offered By:
Global Rockstar
Status:
Demo
Planned Song Release:
June 2022
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Minimum Price:
€25.00
Break-even:
8.9 Million Streams on Spotify
Details
Obsessed
By Felicia Lu
Alternative, PopEarn from
streams & radio
Earn proceeds
for 70 years
First proceeds
4 mth after release
Details
Rights:
Master rights & Publishing rights
Type:
Participation Rights Music NFT
Offered By:
Global Rockstar
Status:
Demo
Planned Song Release:
June 2022
Contract Address:
Token Standard:
ERC1155
Blockchain:
Polygon
Minimum Price:
€25.00
Break-even:
8.9 Million Streams on Spotify
Description
" 'Obsessed' is one of the songs I wrote at Global Rockstar’s first songwriting week. I wanted to write a song about something we all are a bit too familiar with. Social Media. 'Spending my days all alone, I’m in bet but on my phone, I’m creating my own clone - I’m obsessed.' The song tells the story of one being glued to their phone, living in that digital world they created themselves and losing themselves in it. It is something we all are aware of, but seem to take quite lightly. Because sometimes it’s just easier to forget the real world and pretend the one on our phones is the only one that exists." - Felicia Lu
You get
- Net Proceeds from the commercial exploitation of the master rights and publishing rights of the recording and the song ''Obsessed" for 70 years.
- Net Proceeds master rights: All incurring revenues from the exploitation of the master rights (streams, downloads, sync rights – when used for commercials or in movies) less taxes (if applicable) and less a firm distribution fee of 25%.
- Net Proceeds publishing rights: All incurring revenues from the exploitation of the publishing rights (from the publisher’s share from radio plays, live performances and sync rights) less taxes (if applicable) and less a firm handling fee of 10%.
- You will receive your first proceed statement from streams and downloads approx. 4 months after the release, followed by monthly statements. After that, you will be able to see your earnings on the dashboard of your account and withdraw your earnings or reinvest them in other Projects.
- Revenues from publishing rights will be distributed after our receipt from the collecting societies of the different countries where the track is played on radios and TV. Please note that the collection of these revenues might take up to 1,5 years from the time that the track is played on the radio.
About Felicia Lu
Description
" 'Obsessed' is one of the songs I wrote at Global Rockstar’s first songwriting week. I wanted to write a song about something we all are a bit too familiar with. Social Media. 'Spending my days all alone, I’m in bet but on my phone, I’m creating my own clone - I’m obsessed.' The song tells the story of one being glued to their phone, living in that digital world they created themselves and losing themselves in it. It is something we all are aware of, but seem to take quite lightly. Because sometimes it’s just easier to forget the real world and pretend the one on our phones is the only one that exists." - Felicia Lu
About Felicia Lu
You get
- Net Proceeds from the commercial exploitation of the master rights and publishing rights of the recording and the song ''Obsessed" for 70 years.
- Net Proceeds master rights: All incurring revenues from the exploitation of the master rights (streams, downloads, sync rights – when used for commercials or in movies) less taxes (if applicable) and less a firm distribution fee of 25%.
- Net Proceeds publishing rights: All incurring revenues from the exploitation of the publishing rights (from the publisher’s share from radio plays, live performances and sync rights) less taxes (if applicable) and less a firm handling fee of 10%.
- You will receive your first proceed statement from streams and downloads approx. 4 months after the release, followed by monthly statements. After that, you will be able to see your earnings on the dashboard of your account and withdraw your earnings or reinvest them in other Projects.
- Revenues from publishing rights will be distributed after our receipt from the collecting societies of the different countries where the track is played on radios and TV. Please note that the collection of these revenues might take up to 1,5 years from the time that the track is played on the radio.
Don’t miss out on investment opportunities!
Global Rockstar
Global Rockstar is a music label, a music publisher, and the leading music NFT platform for artists and music lovers.
Via crowd investing, music fans can purchase the rights to participate in revenues from newly created and already existing music rights, and secure the purchased rights including the conjoined digital cover artwork animations as music NFTs in the blockchain.
We offer you to come on board: Become a music investor and owner of music NFTs of new and existing international hits. Trade your music NFTs in the future.Disclaimer: In addition to offering a great opportunity, an investment in a song also entails risks. Nobody can know for sure if a song becomes a hit and you might not recoup your investment within the desired time frame, or in the worst case, at all. The history of music shows: While a big majority of releases do not even recoup their production costs, one becomes a huge hit. Therefore, we advise splitting your investments into several opportunities.
