MILLS MUSIC TRUST (OTCMKTS:MMTRS) Files An 8-K Other Events
Item8.01
| Other Events. |
On December23, 2016, Mills Music Trust issued a report to its
Unit Holders containing computation details regarding the payment
it received attributable to the third quarter of 2016. The full
text of the report is included as Exhibit 99.1 to this Current
Report on Form8-K.
| Item9.01 | Financial Statements and Exhibits. |
(d) Exhibits:
| 99.1 |
Quarterly distribution report, dated December23, 2016, issued by the Trust. |
About MILLS MUSIC TRUST (OTCMKTS:MMTRS)
Mills Music Trust (the Trust) is formed for the purpose of acquiring from Mills Music, Inc. (Old Mills), the right to receive payment of a deferred contingent purchase price obligation (the Contingent Portion) payable to Old Mills. The obligation to pay the Contingent Portion arose as the result of the sale by Old Mills of its music and lyric copyright catalogue (the Catalogue). The Contingent Portion amounts are payable by EMI Mills Music Inc. (EMI), the owner of the copyrighted materials contained in the Catalogue. It receives quarterly payments of the Contingent Portion from EMI and distributes the amounts it receives to the registered owners of Trust Certificates representing interests in the Trust (the Trust Units), after payment of, or withholdings in connection with, expenses and liabilities of the Trust. EMI is the owner of the copyrighted materials contained in the Catalogue. Sony/ATV Music Publishing LLC (Sony/ATV) is the administrator and manager of EMI and the Catalogue. MILLS MUSIC TRUST (OTCMKTS:MMTRS) Recent Trading Information
MILLS MUSIC TRUST (OTCMKTS:MMTRS) closed its last trading session up +5.75 at 23.75 with 200 shares trading hands.
