Mills Music Trust was created by a Declaration of Trust dated December , , for the purpose of acquiring from Mills Music, Inc., the rights to receive payment of a deferred contingent purchase price obligation payable to Old Mills. The obligation to pay the Contingent Portion arose as the result of the sale by Old Mills of its music and lyric copyright catalogue to a newly formed company pursuant to an asset purchase agreement dated December , . The Contingent Portion amounts are currently payable by EMI Mills Music Inc. , the current owner and administrative entity for the copyrighted materials. Pursuant to the Asset Purchase Agreement, payment of the Contingent Portion to the Trust continues until the end of the year in which the last copyright in the Catalogue expires and cannot be renewed.
Quote | Mills Music Trust (OTCMKTS:MMTRS)
Last: | $34.935 |
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Change Percent: | 100.0% |
Open: | $0 |
Close: | $34.935 |
High: | $0 |
Low: | $0 |
Volume: | 50 |
Last Trade Date Time: | 12/31/1969 07:00:00 pm |
News | Mills Music Trust (OTCMKTS:MMTRS)
2023-12-19 13:24:15 ET More on Mills Music Trust Dividend scorecard for Mills Music Trust Financial information for Mills Music Trust For further details see: Mills Music Trust goes ex dividend tomorrow
2023-09-21 11:41:19 ET More on Mills Music Trust Financial information for Mills Music Trust For further details see: Mills Music Trust goes ex-dividend tomorrow
Message Board Posts | Mills Music Trust (OTCMKTS:MMTRS)
Subject | By | Source | When |
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Emylers: MMTRS Financials 07/16/2014 08:33:20 Mills Music Trust Period Ending Total Revenue Cost of | Emylers | investorshangout | 07/16/2014 1:33:16 PM |
chartguy89: MMTRS 26.98 Stock Charts $MMTRS 1 Month Chart | chartguy89 | investorshangout | 03/08/2014 8:41:48 PM |
chartguy89: MMTRS Stock Charts Last: UNCH Friday, February 28, 2014 at 12:52:55 AM $MMTRS 1 | chartguy89 | investorshangout | 02/28/2014 5:53:07 AM |