Royalty Update: Sterling Fox Catalogue - Payout #1
Royalty payout ID014 - 19 September 2022
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The Sterling Fox Catalogue (ID014) received USD6,196.57 for the reference period of October 2021 - December 2021 (Q4 2021), as well as USD12,840.24 for the reference period of January 2022 - March 2022 (Q1 2022) as international (ex-USA) songwriting royalties from BMI (U.S. performance rights organization).
The auction for this catalogue was completed on June 29th 2022. Investors are exclusively entitled to receive royalties that were collected after the auction completion, referring to the adjusted total amount of USD12,840.24 (Q1 2022) or EUR12,650.48.
ANote Music investors are entitled to receive EUR12,650.48, corresponding to the 100% of the catalogue listed, pro-quota to the number of shares owned. The EUR/USD rate at the time of conversion is equal to 1.015.
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