90's Tracks from Rob'n'Raz - Songwriter Royalties

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).

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 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. Read more about STIM's payment schedule here. 

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. 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).

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. 

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