---
title: "Royalty Update: IRMA Records- & Benvenuto- Publishing Catalogue"
description: ANote Music has received from SIAE (the Italian National Collective Organisation) the funds as royalties payout for the reference period of January 2020 - June 2020 (H1 2020) for the IRMA Records Publishing Catalogue (ID003) and the Benvenuto Publishing Catalogue (ID006). In response to the general market slowdown due to the impact of COVID...
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---

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# Royalty Update: IRMA Records- & Benvenuto- Publishing Catalogue

 February 3, 2021  — [ANote Music Press](https://payouts.anotemusic.com/author/anote-music-press)

### Royalty payout ID003 & ID006 – 03 February 2021

[> Discover all financial details on the ANote Music platform](https://app.anotemusic.com/#/listings/6)

ANote Music has received from SIAE (the Italian National Collective Organisation) the funds as royalties payout for the reference period of January 2020 – June 2020 (H1 2020) for the [IRMA Records Publishing Catalogue (ID003)](https://app.anotemusic.com/#/listings/3) and the [Benvenuto Publishing Catalogue (ID006)](https://app.anotemusic.com/#/listings/6). 

In response to the general market slowdown due to the impact of COVID-19 on live performances and general life, SIAE has distributed some of its reserves pro-quota to its members (among which IRMA Records and Benvenuto Publishing) based on the member’s historical performance. ANote Music embraced the effort of SIAE to stimulate the music industry, and is thus further backing the package towards the investors on the platform during this payout. Indeed, compared to previous earning periods, in terms of year to year performance, lockdown restrictions took a considerable toll on the industry, with the publishing business being down in excess of 40% across Italy and Southern Europe.

You may find beneath a breakdown per music catalogue and more specific context linked to this distribution phase. For more detailed financial information concerning the music catalogues please [visit the ANote Music platform](https://app.anotemusic.com/):

 

IRMA Records Publishing Catalogue (ID003) - Payout #3:

The auction for the [IRMA Records Publishing Catalogue](https://app.anotemusic.com/#/listings/3) was completed on August 31st, 2020. Investors on the platform are entitled, as per shares they own, to receive the royalties for H1 2020, which account for €6,888.14.

In line with the above “Covid Reserves” actions, investors on the platform will receive an additional €2,341.96, bringing the total to €9,230.10. Considering the royalties received back in October 2020 (€2,450.34) from the foreign sub-publishers, the total amount of royalties for H1 2020 stands at €11,680.40, pro-forma for the whole catalogue.

IRMA Records performed better than other comparable industry players. Although IRMA Records has seen a decrease in revenues from concerts, ballrooms and cinemas, it has been significantly outperforming in online consumption and broadcast.

 

Benvenuto Publishing Catalogue (ID006) - Payout #1:

The auction for the [Benvenuto Publishing Catalogue](https://app.anotemusic.com/#/listings/6) was completed on October 31st, 2020. Investors on the platform are entitled, as per shares they own, to receive the royalties for H1 2020, which account for €3,372.64.

In line with the above “Covid Reserves” actions, investors on the platform will receive an additional €1,551.05, for a total amount of royalties H1 2020 of €4,923.70, pro-forma for the whole catalogue.

The Benvenuto Publishing Catalogue performed slightly better than other comparable industry players. While the decrease in revenues from concerts and ballrooms was noticeable, online consumption and income from cinema has been outperforming. 

 

Looking to learn more about these music catalogues? Go visit the ANote Music platform, create an account or log in, and discover all financial details and relevant insights about all aforementioned  assets. [Click here to visit the platform](https://app.anotemusic.com/).

 

Stay tuned!

[IRMA Records](https://payouts.anotemusic.com/tag/irma-records), [SIAE](https://payouts.anotemusic.com/tag/siae), [Benvenuto Edizioni Musicali](https://payouts.anotemusic.com/tag/benvenuto-edizioni-musicali), [H1 2020](https://payouts.anotemusic.com/tag/h1-2020), [Royalty payout](https://payouts.anotemusic.com/tag/royalty-payout), [SIAE COVID-19 reserve](https://payouts.anotemusic.com/tag/siae-covid-19-reserve)

## Read On

[![](https://payouts.anotemusic.com/hs-fs/hubfs/Royalties%20payout-3-May-05-2022-10-15-18-29-AM.png?width=352&name=Royalties%20payout-3-May-05-2022-10-15-18-29-AM.png)](https://payouts.anotemusic.com/financial-update-id00321102020)

### [Royalty Update: IRMA Records Publishing Catalogue - Payout #2](https://payouts.anotemusic.com/financial-update-id00321102020)

Royalty payout ID003 - 21 October 2020

[![](https://payouts.anotemusic.com/hs-fs/hubfs/Royalties%20payout-3-3.png?width=352&name=Royalties%20payout-3-3.png)](https://payouts.anotemusic.com/financial-update-id00327102021)

### [Royalty Update: IRMA Records Publishing Catalogue - Payout #6](https://payouts.anotemusic.com/financial-update-id00327102021)

### Royalty payout ID003 – 27 October 2021

[![](https://payouts.anotemusic.com/hs-fs/hubfs/Royalties%20payout-3-4.png?width=352&name=Royalties%20payout-3-4.png)](https://payouts.anotemusic.com/financial-update-id00327072021)

### [Royalty Update: IRMA Records Publishing Catalogue - Payout #5](https://payouts.anotemusic.com/financial-update-id00327072021)

### Royalty payout ID003 – 27 July 2021

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ANote Music is a marketplace for buying and selling royalty interests and/or intellectual property rights and, as such, it does not constitute activities of the financial sector in Luxembourg and therefore ANote Music is not subject to the Luxembourg financial sector regulator (Commission de Surveillance du Secteur Financier - CSSF).  Royalty interests are the contractual right to perceive future music royalty income that is generated by various types of intellectual property rights/copyrights. Neither music royalties nor royalty interests constitute “financial instruments” within the meaning of the MiFID (the Directive 2014/65/EU of 15 May 2014 on markets in financial instruments) and the LFS (the Law of financial services of 5 April 1993, as amended) which is implementing the MiFID in Luxembourg.

None of the price quotations, information, news and research accessible on the website and the marketplace or shared through any other communication channels by ANote Music or its Affiliates constitute advice, recommendations or solicitation to any person in any jurisdiction to buy, sell or invest in any asset, royalty interests, intellectual property rights. Any decision made by a person to participate in ANote Music marketplace’s activities should be made on the basis that such an activity complies with any applicable local laws and regulations to which the user is subject to. The user should not access the ANote Music marketplace if such an activity does not comply with any applicable local laws and regulations to which the user is subject to. 

Keep in mind that purchasing royalty interests and/or intellectual property rights involves risk and you may lose the invested capital. The value of your royalty interests or intellectual property rights will fluctuate over time and you may gain or lose money. Past performance is not a guarantee of future returns, nor is it necessarily indicative of future performance. This disclaimer cannot disclose all of the risks and other significant aspects of dealing with royalty interests and intellectual property rights. You should satisfy yourself that you fully understand the conditions which apply to such assets, our services and the potential risk exposures. The images and pictures on the website and on ANote Music marketplace are merely illustrative and may contain data that are no longer updated or valid. Please always refer to the current pricing and valuation of royalty interests or intellectual property rights, as the case may be, in the relevant section on ANote Music marketplace.

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