Quarterly ResultJun 26, 2026, 12:26 PM
Mills Music Trust Q1 2026 Distribution $0.3361/Unit; Payment Received Up 11%
AI Summary
Mills Music Trust announced a Q1 2026 distribution of $0.3361 per Trust Unit, totaling $93,323. This follows the receipt of $225,863 ($0.8133 per unit) from Sony Music Publishing, an 11.3% increase from Q1 2025. The Trust also noted an alleged $89,973 overpayment by Sony EMI for Q4 2025, which it intends to dispute.
Key Highlights
- Q1 2026 distribution to Unit Holders is $93,323, or $0.3361 per Trust Unit.
- Trust received $225,863 ($0.8133 per unit) from Sony Music Publishing for Q1 2026.
- This payment represents an 11.3% increase compared to $202,850 ($0.7304 per unit) received for Q1 2025.
- Gross royalty income collected by Sony EMI for the period was $1,132,667.
- Fees and expenses paid to third-party advisors totaled $132,540.
- Sony EMI claims an $89,973 overpayment for Q4 2025, which the Trust plans to dispute.
Price Impact
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