MILLS MUSIC TRUST (MMTRS) Form 10-Q — May 15, 2026
Mills Music Trust reported quarterly receipts of $424,160 from EMI for the period ended March 31, 2026, resulting in a distribution of $1.2434 per Trust Unit to its 277,712 unit holders. The receipt included a $241,647 contingent portion payment for Q4 2025 royalties, a $92,550 true-up for Q3 2025, and an $89,963 additional payment that EMI claims was a computational error but the Trust views as related to an ongoing calculation method dispute. The Trust continues to assert that EMI has underpaid it by $271,140 for periods after December 31, 2024, due to differing interpretations of the Asset Purchase Agreement.
Key figures
- Revenue
- 424160
- Net Income
- 345295
- Cash Position
- 0
- Shares Outstanding
- 277712
- Distribution Per Unit
- 1.2434
- Administrative Expenses
- 78865
- Settlement Payment Received
- 500000
- Unpaid Administrative Expenses
- 35536
- Calculation Method Underpayments Total
- 271140
Price after filing
Close on the filing date to close N calendar days later (from $26.00). Historical, not a forecast.
AI analysis
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