Mills Music Trust Q4 distribution drops to $0.5592/unit, down 32% YoY

MILLS MUSIC TRUST

Quarterly distribution of $0.5592/unit ($155,300 total), down from $0.8274/unit ($229,797) in prior-year quarter.
Contingent payment from EMI fell to $220,729 ($0.7948/unit) from $280,912 ($1.0115/unit) a year earlier.
Twelve-month distributions totaled $755,654 ($2.7210/unit), down 5.3% from $797,723 ($2.8725/unit).
Gross royalty income collected by EMI for the quarter was $567,165, down 34% from $857,945 in 2021.

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