Mills Music Trust Details:

Mills Music Trust holds rights to receive payment of a deferred contingent purchase price contract obligation payable by Mills Music, Inc. (Mills). The composition of Mills catalogue comprises 25,000 titles. The contingent payments are determined quarterly and are based on a formula, which takes into account gross royalty income paid to composers, authors and others, and less amounts deducted by Mills. The company was founded in 1964 and is based in New York, New York.