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Young Thug's Platinum Certified "Best Friend"
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Now Available!
Young Thug’s Platinum-Certified “Best Friend”
Type of Asset: Writer’s Share
Type of Royalties: Public Performance
Paid By: BMI
Term: Life of Copyright
# of Units: 552
Price Per Unit: $30
INCOME LAST FOUR QUARTERS: $1,347
"...That's my best friend, that's my best friend, flexin'
Big ol' booty bitch misses from Texas, what's next is
I'm gon' skeet off, lil n*g!a come catch me, catch me
And that's my bestie, my bestie, my best friend, go best friend..."
About Young Thug
Flouting hip-hop conventions while defying gender and sexuality stereotypes, Young Thug has been one of the most distinctive contemporary rap artists since attaining his chart debut with “Stoner” (2014). The eccentric rapper’s first of many gold- and platinum-certified recordings arrived amid a barrage of mixtapes that led to the Top Ten entries JEFFERY (2016) and Beautiful Thugger Girls (2017), and eventually his chart-topping debut studio album, So Much Fun (2019). A keen collaborator, Thug has been featured on dozens of tracks, including pop hits such as Camila Cabello’s “Havana,” Childish Gambino’s Grammy-winning “This Is America,” and Post Malone’s “Goodbyes,” and he has hit the upper reaches of the charts with the co-headlining commercial mixtapes Super Slimey (with Future) and Slime & B (with Chris Brown) as well as the crew compilation Slime Language 2. In 2021, he offered his second chart-topping studio album, Punk, followed in 2023 by Business Is Business.
An Atlanta native, Young Thug (born Jeffery Lamar Williams) released three volumes of his mixtape series before joining Gucci Mane’s 1017 Brick Squad crew in late 2012. His mixtape 1017 Thug followed in early 2013, featuring the quirky street single “Picacho.” Later in the year, his “Stoner” single appeared, but it didn’t catch fire until 2014, when an authorized remix featuring Wale opened the floodgates for a series of unauthorized remixes from artists like Jim Jones, lamsu!, and Trick Trick. The original track peaked that April and was eventually certified gold by the RIAA.
That same year, Thug signed to 300 Entertainment, the Atlantic-distributed imprint co-founded by Lyor Cohen and Kevin Liles, and continued recording mixtapes. His first release for the label, 2015’s Barter 6, climbed to number 22 on the Billboard 200 album chart. He began 2016 with I’m Up, the first of many mixtapes that year, which debuted at the same position as Barter. Months later, he dropped the Top Ten hit Slime Season 3. Before his next release, he was awarded a platinum certification for his 2015 track “Best Friend,” the title featured in this SongShares offering. At the end of the summer, he unexpectedly issued his third tape, originally titled No, My Name Is Jeffery and changed a week later to simply JEFFERY. With its provocative cover art and concept (each track was named after one of Thug’s idols), JEFFERY featured reggae/dub flourishes and appearances by Migos’ Offset and Quavo, Gucci Mane, Travis Scott, and Wyclef Jean.
Veering unexpectedly into new sonic territory, Beautiful Thugger Girls arrived in June 2017. Though it flirted with country and pop, the set
retained Thug’s trademark weirdness at the fore. In 2017, he issued a pair of collaborations, first with producer Carnage on the Young Martha EP, which saw release that September, and then with Future on the October mixtape Super Slimey, and he was also featured on Camila Cabello’s number one pop hit “Havana.” The single “Ride on Me,” featuring A-Trak arrived in early 2018 ahead of the release of the Hear No Evil EP, which was issued that April. After he appeared on another number one hit, Childish Gambino’s “This Is America” (subsequently the Song of the Year winner at the 61st Grammy Awards), he issued the Young Stoner Life Records compilation Slime Language, which featured Lil Duke, Gunna, and Lil Uzi Vert. The next month, Thug released his third EP, On the Rvn. Debuting in the Top 20 of both the Billboard 200 and the R&B/ hiphop charts, the set featured guests 6LACK and Jaden Smith as well as Elton John, who gave Thug his seal of approval on the “Rocket Man”-sampling “High.” Thug’s first output in 2019 arrived in the form of a collaboration with J. Cole and Travis Scott titled “The London.” The single became his first Top 40 pop hit as a headliner — it peaked at number 12 on the Hot 100 — and was featured on his proper debut album, So Much Fun, which followed in August and topped the Billboard 200. Before the album’s second single, “Hot,” reached number 11 on the Hot 100, Thug was the featured artist on yet another hit, Post Malone’s Top Three “Goodbyes.” “The London” was later nominated for a Grammy in the category of Best Rap/Sung Performance. Thug’s work throughout 2020 included appearances on charting tracks by Migos, Gunna, DaBaby, and JackBoys, and a commercial mixtape collaboration with Chris Brown, Slime & B. He later reached the number one position for a second time with an appearance on Travis Scott’s single “Franchise.”
Kicking off 2021, Thug scored his first chart-topper of the year with the Young Stoner Life compilation Slime Language 2. The set featured Travis Scott, Drake, Lil Uzi Vert, Big Sean, Skepta, Future, Kid Cudi, and over a dozen more famous friends. By the end of the year, Thug delivered his second studio LP, Punk, a slight return to his more experimental side that featured guest spots from Doja Cat, Post Malone, Gunna, J. Cole, and many others. The album debuted at the number one spot on the Billboard 200 chart. Young Thug’s third long-player, Business Is Business, appeared in 2023, with features from Travis Scott, Future, Lil Uzi Vert, 21 Savage, and Drake.
About This Offering
One of the songwriters of “Best Friend” is sharing their remaining songwriter’s share of performance income from the song. Fans can bid now to reserve their shares.
The “Young Thug’s Best Friend” Music Royalty Asset is the underlying asset of the “Young Thug’s Best Friend” Royalty Share Agreement (the “Agreement”). The Agreement contains one hundred percent (100%) of the songwriter’s remaining share of performance income from the composition “Best Friend,” recorded by Young Thug.
SongVest offers a unique opportunity for fans to invest in the music industry by buying units of 100% of the songwriter’s remaining performance royalties in “Best Friend.” This means that investors can earn money every time the song is performed via streaming, radio play, and other sources.
You are reserving one or more units that allow you to be first in line to purchase these units once they are qualified by the SEC. Each unit represents a prorated percentage of the royalties collected from the composition and paid by BMI.
Reserve - During the VIP Auction, you can reserve one or more SongShares at $30 per unit. If all of the units are reserved at the starting price, the unit price will increase. Any unit reserved at the higher price will displace a unit at the lower price. Based on demand, you could lose your reservation and have to bid again at the higher unit price to ensure you have your units reserved. The VIP Auction will end when time runs out and no new bids have been made in the last 5 minutes.
Buy - You will be able to purchase your units when the Offering goes on sale. This is usually 3 to 4 weeks after the VIP Auction closes and after notice of SEC qualification. You will receive an email with notice for a 24-hour window for successful bidders to purchase their reserved units. If any units are not purchased, it will open to the public to buy remaining SongShares.
Earn - SongVest will pay out any earned royalties quarterly.
Financial Information
Financial Highlights
The royalties paid over the last four quarters from the revenue stream contemplated in the “Young Thug’s Best Friend” Royalty Share Agreement have averaged approximately $337 per quarter.
The peak earnings period in the past three years was 2021 Q1, when Apple Music reported its highest royalties and “General” international royalties were also at their highest of the periods shown.
Royalties By Source
YouTube, Apple Music, and Spotify streaming accounted for a combined 64% of the past four quarters’ earnings, while “Internet – Int’l” payments, which represent international payments identified as digital in the BMI statements but not allocated to a specific source, accounted for another 10% of the royalties for the past four quarters. Royalties from Live performances were most prevalent in 2023 Q2 and accounted for 6% of the past four quarters’ royalties. Various other sources shown in the table individually provided 3% or less of royalties.
Detailed Data Here
The Composition:
“Best Friend” – recorded by Young Thug
BMI Title #: 20743331
ISWC: T9179632167
Chartmetric: https://app.chartmetric.com/track/15090971