Swedish Hip-Hop Featuring Kartellen

DISTRIBUTION SCHEDULE

STIM pays on a quarterly basis, with four regular payments each calendar year in March, June, September, and December. In addition to these quarterly payments, STIM also distributes "out of cycle" payments for digital music services. These dates are estimated (not fixed) and can vary throughout the year. The last 12 months' earnings reflect the total of the payments made in the last calendar year, both regularly scheduled and additional "out of cycle" payments.

The winner of this auction will receive all future distributions for the included works in this offering when paid by STIM. Read more about STIM's payment schedule here. 

SEPTEMBER 2020 ADJUSTMENT

You will notice a significant spike in September 2020. This is the result of a "catch-up" payment for select works that were released in 2016 or prior but had not been properly registered with STIM until September 2020.

Once the works were registered with STIM, an adjustment was processed for backed royalties due to the seller. Although this is not expected to occur again, the winning bidder will be entitled to all future royalty payments regardless of when earned. Going forward, all included works have been correctly registered and are fully payable. 

SPOTIFY ADJUSTMENT

In February 2021, STIM paid an adjustment for unreported Spotify earnings from the H2-2017 (July - December) performance period. Although this is not expected to occur again, the winning bidder will be entitled to all future royalty payments regardless of when earned. 

EXCHANGE RATES AND FOREIGN TAX WITHHOLDING

Royalties for this asset are reported in Swedish Krona from STIM. To calculate the royalty payments in U.S. Dollars, Royalty Exchange applied the average historical foreign exchange rate for the distribution month (via X-rates.com).

The future royalties will be paid to Royalty Exchange in Swedish Krona converted to U.S. Dollars upon receipt, and then paid in U.S. Dollars to the winning investor. Please note: the receiving bank may mark-up the exchange rate by up to 2.5% as a transaction fee. Assets paid in foreign currency entail additional risk as foreign exchange rate changes will cause fluctuations in future cash flows. 

Additionally, because the royalty payments originate in Sweden, the purchaser may be subject to withholding taxes, depending on their domicile. You can learn more about foreign tax withholding here. Since all investors’ tax situations are different, please consult your tax advisor if you have questions on foreign withholding. International royalties denoted below are earned outside of the United States. 

WHAT IS BEING SOLD?

The seller’s interest in the songwriter's share of all public performance and mechanical royalties (excluding royalties collected by Nordisk Copyright Bureau) attributable to the musical compositions listed in the Track List below. 

This catalog will not be automatically added to the Secondary Market of The eXchange. The winning bidder can contact Royalty Exchange to relist.