Royalty Update: Zero Assoluto Catalogue - Payout #6
Royalty payout ID009 - 30 August 2022
The Zero Assoluto Catalogue received €8,261.96 from SIAE (the Italian National Collective Organization) as royalty payout for the reference period of June 2021 - December 2021 (H2 2021).
Additionally, the Zero Assoluto Catalogue received €16,006.03 from Artist First (Zero Assoluto’s digital distributor) as master rights’ royalties for the reference period of April 2022 - June 2022 (Q2 2022), which is the result of €7,666.37 generated by the back catalogue and €8,339.66 generated by newly released tracks.
Royalties generated from digital distribution confirm a strong growth trend, with the amounts generated by both the back catalogue and newly released tracks being consistently higher than the previous reference quarter of 2021.
The auction for this catalogue was completed on July 8th, 2021. As a result, ANote Music investors are receiving €3,640.20, corresponding to the 15% of the catalogue listed, pro-quota to the percentage owned into the catalogue.
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