Royalty Update: EL Éditions Publishing Catalogue - Payout #3
ANote Music has distributed €1,593.72 from SACEM (the French National Collective Organization) as royalties payout for the reference period of October 2021 - December 2021 (Q4 2021).
The revenues distributed from SACEM have been slightly lower compared to previous payouts, mainly due to the continuous COVID-19 restrictions, that refrained the main artists on the catalogue from doing live performances.
The auction for the EL Éditions Publishing Catalogue was completed on June 15th, 2021. As a result, ANote Music investors are receiving €1,593.72, corresponding to the 5% of the catalogue listed.