---
title: "Royalty Update: IRMA Records Publishing Catalogue - Payout #5"
description: ANote Music has received €8,047.32 from SIAE (the Italian National Collective Organisation) the funds as royalties payout for the reference period of July 2020-December 2020 (H2 2020) for the IRMA Records Publishing Catalogue (ID003). The auction for the IRMA Records Publishing Catalogue was completed on August 31st, 2020. Considering the received royalties in February 2021 (€1,732.45) from...
image: https://payouts.anotemusic.com/hubfs/Royalties%20payout-3-4.png
---

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# Royalty Update: IRMA Records Publishing Catalogue - Payout #5

 July 27, 2021  — [ANote Music](https://payouts.anotemusic.com/author/anote-music)

### Royalty payout ID003 – 27 July 2021

[> Discover all financial details on the ANote Music platform](https://app.anotemusic.com/#/listings/3)

ANote Music has received €8,047.32 from SIAE (the Italian National Collective Organisation), the funds as royalties payout for the reference period of July 2020-December 2020 (H2 2020) for the [IRMA Records Publishing Catalogue (ID003)](https://app.anotemusic.com/#/listings/3).

The auction for the IRMA Records Publishing Catalogue was completed on August 31st, 2020. Considering the [received royalties in February 2021](https://anotemusic.com/financial-update-id00321042021/) (€1,732.45) from foreign sub-publishers, the total amount of royalties received by investors on the platform for H2 2020 stands at €9,779.77, pro-forma for the whole catalogue.

As was the case for previous distribution periods, lockdown restrictions took a considerable toll on the industry, with the publishing business confirming an under-performance compared to pre-COVID levels, in excess of 30% across Italy and Southern Europe. Despite the temporary slow-down, IRMA Records continued to perform better than other comparable industry players, with decreases from concerts, ballrooms and cinema compensated thanks to a notable outperformance in online consumption and broadcast.

Additionally, in response to the general market slowdown due to the impact of COVID-19 on live performances and general life, SIAE is expected to distribute some of its reserves pro-quota to its members (among which IRMA Records) during the next distribution phase (expected for January 2022).

Looking to learn more about this music catalogue? 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), [Royalty payout](https://payouts.anotemusic.com/tag/royalty-payout), [H2 2020](https://payouts.anotemusic.com/tag/h2-2020)

## Read On

[![](https://payouts.anotemusic.com/hs-fs/hubfs/Royalties%20payout-3-2.png?width=352&name=Royalties%20payout-3-2.png)](https://payouts.anotemusic.com/financial-update-id00321092020)

### [Royalty Update: IRMA Records Publishing Catalogue - Payout #1](https://payouts.anotemusic.com/financial-update-id00321092020)

 Royalty payout ID003 - 21 September 2020

[![](https://payouts.anotemusic.com/hs-fs/hubfs/Royalties%20payout-3-May-05-2022-10-12-52-90-AM.png?width=352&name=Royalties%20payout-3-May-05-2022-10-12-52-90-AM.png)](https://payouts.anotemusic.com/financial-update-id00321042021)

### [Royalty Update: IRMA Records Publishing Catalogue - Payout #4](https://payouts.anotemusic.com/financial-update-id00321042021)

### Royalty payout ID003 – 21 April 2021

[![](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

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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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