Royalty updates

Royalty Update: Andreas Öberg Catalogue - Payout #5

Written by ANote Music | September 30, 2024

Royalty payout ID020 - 30 September 2024

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The Andreas Öberg Catalogue (ID020) has received royalties from its underlying distributors: KRW 21,568,245 from Music Cube (H1 2024), JPY 189,067 from Sound Graphics (H1 2024), and SEK 67,034 from STIM (Q3 2024).

The auction for this catalogue was completed on September 14th 2023. Investors are entitled to receive €14,043.01, corresponding to the 65% of the catalogue listed, pro-quota to the number of shares owned. The KRW/EUR, JPY/EUR and SEK/EUR rates at the time of conversion (including the banking transaction fees) are equal to 0.0007, 0.0061 and 0.0883, respectively. 

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