MMTRSMills Music Trust
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About Mills Music Trust (MMTRS)
Mills Music Trust (MMTRS) is a Specialty Business Services company headquartered in New York, NY, United States whose shares trade over-the-counter on the Pink tier.
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.
MMTRS key facts
- Ticker symbol
- MMTRS
- Market tier
- Pink
- Sector
- Industrials
- Industry
- Specialty Business Services
- Headquarters
- New York, NY, United States
- Country of incorporation
- US
- Estimated market cap
- $7.25M (as of Apr 11, 2025)
- Shares outstanding
- 277,712
- Reporting standard
- U.S. Reporting: SEC Reporting
- Audit status
- Audited
- Fiscal year end
- 12/31
Mills Music Trust leadership
- Thomas G. Mackay — Trustee
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