Royalty Update: Benvenuto Publishing Catalogue - Payout #3

ANote Music

July 30, 2021

1 min read

Royalty Distribution ID006 – 30 July 2021

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ANote Music has received €3,668.55 from SIAE (the Italian National Collective Organisation) the funds as royalties payout for the reference period of July 2020-December 2020 (H2 2020) for the Benvenuto Publishing Catalogue (ID006).

The auction for the Benvenuto Publishing Catalogue was completed on October 31st, 2020. As a result, ANote Music investors are receiving €3,668.55 pro-forma to the percentage owned into the catalogue.

As was the case for previous distribution periods, lockdown restrictions took a considerable toll on the industry, with the publishing business confirming an under-performance compared to pre-COVID levels, in excess of 30% across Italy and Southern Europe. In response to the general market slowdown due to the impact of COVID-19 on live performances and general life, SIAE is expected to distribute some of its reserves pro-quota to its members (among which Benvenuto Edizioni) during the next distribution phase (expected for January 2022).

Stay tuned!

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This article is for general information and educational purposes only and is not financial or investment advice, a recommendation, or a solicitation to buy, sell, or hold any royalty interest or intellectual property right, nor does it consider any individual's circumstances or risk profile. Royalty income is variable and not guaranteed, the value of royalty interests can rise or fall, and you may lose some or all of the amount committed; where a secondary market exists, you may not be able to sell immediately or at a particular price. Any historical figures, index data, or market behaviour referred to are for information only and do not guarantee future results, liquidity, or protection from losses.