Royalty Update: Zero Assoluto Catalogue - Payout #8
Royalty payout ID009 - 20 February 2023
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The Zero Assoluto Catalogue (ID009) received €7,348.54 from SIAE (the Italian National Collective Organization) as royalty payout for the reference period of January 2022 - June 2022 (H1 2022).
Additionally, the Zero Assoluto Catalogue received €11,659.63 from Artist First (Zero Assoluto’s digital distributor) as master rights’ royalties for the reference period of October 2022 - December 2022 (Q4 2022), which is the result of €9,778.34 generated by the back catalogue and €1,881.29 generated by newly released tracks.
Royalties received from both channels are higher than the previous corresponding reference periods in 2021. SIAE royalties in H1 2022 rose by 4.61% (YoY), and Artist First royalties in Q4 2022 increased by 21.32% (YoY).
The auction for this catalogue was completed on July 8th, 2021. As a result, ANote Music investors are receiving €2,851.23, corresponding to the 15% of the catalogue listed, pro-quota to the percentage owned into the catalogue.
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