Dance/Electronic - Hayden James, DJ Snake, Flume + More

DISTRIBUTION SCHEDULE

APRA pays on a quarterly basis, with four regular payments each calendar year in February, May, August, and November for royalties from APRA territories (Australia, New Zealand and Pacific territories). In addition to these quarterly payments, APRA also distributes monthly payments for royalties collected by their International Affiliates (which include U.S. Domestic royalties).

You’ll notice certain months include no reported royalties. In those months, royalties earned were used to recoup an advance from APRA to the seller. When an account is in an unrecouped state, monthly statements are not issued. Instead, those earnings are reported as part of the next quarterly distribution. Future royalties for this account will be paid monthly for royalties outside APRA territories and quarterly for APRA territories.

Read more about APRA's payment schedule here. 

EXCHANGE RATES AND FOREIGN TAX WITHHOLDING

Royalties for this asset are reported in Australian and New Zealand Dollars from APRA. 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 Australian and New Zealand Dollars, 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 Australia and New Zealand, 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. 

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