SymbolMMTRS
NameMILLS MUSIC TRUST
SectorUNDEFINED
RegionNorth America
Industry-
Address10001 United States NY N.A. Corporate Trust Issuer Services
Telephone(212) 525-1349
Fax
Email
Websitehttp://www.millsmusic.com
IncorporationUS
Incorporated On
Employees
Fiscal Year12/31
Public Since
ExchangesOTC;NASDAQ
Auditor
Audit StatusAUDITED
Reporting StatusU.S. Reporting: SEC Reporting
CIK0000066496
Description

Mills Music Trust was created by a Declaration of Trust dated December 3, 1964, for the purpose of acquiring from Mills Music, Inc., the rights to receive payment of a deferred contingent purchase price obligation 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 to a newly formed company pursuant to an asset purchase agreement dated December 5, 1964. The Contingent Portion amounts are currently payable by EMI Mills Music Inc. , the current owner and administrative entity for the copyrighted materials. Pursuant to the Asset Purchase Agreement, payment of the Contingent Portion to the Trust continues until the end of the year in which the last copyright in the Catalogue expires and cannot be renewed.

Additional info from OTC:
Mills Music Trust was created by a Declaration of Trust dated December 3, 1964, for the purpose of acquiring from Mills Music, Inc., the rights to receive payment of a deferred contingent purchase price obligation 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 to a newly formed company pursuant to an asset purchase agreement dated December 5, 1964. The Contingent Portion amounts are currently payable by EMI Mills Music Inc. , the current owner and administrative entity for the copyrighted materials. Pursuant to the Asset Purchase Agreement, payment of the Contingent Portion to the Trust continues until the end of the year in which the last copyright in the Catalogue expires and cannot be renewed.

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