On October 30, 2025, Mills Music Trust announced a settlement with EMI involving a $500,000 payment.
Key Highlights:
- EMI to pay $500,000 to Mills Music Trust by November 13, 2025.
- Settlement amends Asset Purchase Agreement terms from July 1, 2025.
- Foreign sub-publishing fee capped at 25% for EMI affiliates.
- EMI can offset U.S. copyright costs only against U.S. royalties.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.