Royalty Update: Zero Assoluto Catalogue - Payout #7
Royalty payout ID009 - 25 November 2022
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The Zero Assoluto Catalogue (ID009) received €13,345.97 from Artist First (Zero Assoluto’s digital distributor) as master rights’ royalties for the reference period of July 2022 - September 2022 (Q3 2022), which is the result of €8,414.55 generated by the back catalogue and €4,931.42 generated by the newly released tracks.
Royalties generated from digital distribution confirm their growth trend, with the amounts generated by both the back catalogue and newly released tracks in Q3 2022 being higher than the previous reference quarter in 2021.
The auction for this catalogue was completed on July 8th, 2021. As a result, ANote Music investors are receiving €2,001.89, corresponding to the 15% of the catalogue listed, pro-quota to the percentage owned into the catalogue.
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