Royalty Update: Sundance Music Catalogue - Payout #1
Royalty payout ID013 - 12 September 2022
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The Sundance Music Catalogue (ID013) received DKK 196,483.22 as international digital distribution royalties (ex-Asia) for the reference period of January 2022 - March 2022 (Q1 2022) and DKK 190,783.13 for the reference period of April 2022 - June 2022 (Q2 2022), as well as DKK 20,250 as digital distribution royalties (Asia). On top of it, the catalogue earned DKK 192,400 as royalties from national and international neighboring rights.
The auction for this catalogue was completed on May 11th 2022. With the catalogue listing concluded intra-quarter, investors are exclusively entitled to receive royalties that were collected after the auction completion, referring to the adjusted total amount of DKK 106,972.85 (partial international digital income royalties Q2 2022) and DKK 6,886.65 (partial neighboring rights royalties), for a total of DKK 113,859.50 or €14,801.74.
ANote Music investors are receiving €740.09, corresponding to the 5% of the catalogue listed, pro-quota to the percentage owned into the catalogue. The DKK/EUR rate at the time of writing is equal to 0.13.
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