Royalty Update: MRI Selection Catalogue - Payout #3
Royalty payout ID011 - 5 October 2022
The tracks included in the MRI Selection Catalogue (ID011) generated USD99,717.87 in royalties during the reference period of July – September 2022 (Q3 2022).
The auction for the catalogue was completed on November 11th, 2021. Investors on the platform are entitled to royalties for USD3,490.13 or EUR3,590.56, corresponding to the 3.50% of the catalogue listed on the platform, pro-quota to the percentage owned into the catalogue. The figures are based on a 0.972 EUR/USD exchange rate, which takes into account the exchange rate at the time funds were transferred and the banking transaction fees incurred.
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