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Royalty Update: Sundance Music Catalogue - Payout #2

Royalty payout ID013 - 30 November 2022

>Discover all financial details on the ANote Music platform

The Sundance Music Catalogue (ID013) received DKK 193,546.61 as digital distribution royalties for the reference period of July 2022 - September 2022 (Q3 2022) from The Orchard (Sundance Music’s digital distributor, excluding Asia), as well as DKK 10,915 from S2S (the digital distributor in Japan)and DKK 22,108 from C&L (the digital distributor in Korea) for Q2 and Q3 2022.

On top of the above, the catalogue earned DKK 82,501.28 (Q3 2022) and DKK 75,903 (2021 final payment) from Ifpi-Gramex as royalties from national neighboring rights, as well as DKK 45,299 from Gramex as international neighboring rights royalties. 

Finally, the catalogue collected DKK 177,065 from MPO (the Danish music producers’ collective management organization) as neighboring rights royalties generated in 2021.

The auction for this catalogue was completed on May 11th 2022. ANote Music investors are receiving €4,083.22, 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 conversion is equal to 0.1344

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Stay tuned!