Mills Music Trust receives $260,759 Q4 2024 payment; no distribution to unit holders

MILLS MUSIC TRUST

Contingent Portion Payment of $260,759 ($0.9390/unit) for Q4 2024, down from $288,427 ($1.0386/unit) in Q4 2023.
After $196,827 in fees and $63,932 reserve for litigation, zero balance remains for distribution.
Trustees reserved $63,932 for future administrative expenses; no unit holder distribution this quarter.
Gross royalty income $923,302; after deductions and expenses, net payment received is $260,759.
12-month comparison: $1,264,107 ($4.5519/unit) for year ended March 2025 vs $1,253,144 ($4.5123/unit) year earlier.

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