Chief Executive Officer's Letter

April 30, 2021
Dear Participant,

We are pleased to provide you with your AFM and SAG-AFTRA Intellectual Property Rights Distribution Fund annual distribution.

This distribution includes US non-featured artist sound recording royalties and/or featured artist symphonic royalties pursuant to the Digital Performance Right in Sound Recordings Act (DPRA) and the Digital Millennium Copyright Act (DMCA), various settlement payments for pre-72 recordings, and international royalties as a result of the Fund’s reciprocal agreements with numerous foreign countries.

In our efforts to “Go Paperless,” statements are only available electronically through your online access. If you have not signed up for online access, you may do so at www.afmsagaftrafund.org, where you will be able to view your current statement, along with all previous distribution statements.

While we continue to encourage participants to enroll in direct deposit to ensure that you will receive your royalty payments in a timely and secure manner, it is even more critical during times of possible business disruption. Not only does it get you your money faster, it is more secure, and it eliminates the possibility of lost, stolen, delayed, or stale-dated checks.

Please note that paper checks must be cashed before July 31, 2021.

Un-audited Financial Summary
(This is the total amount distributed to ALL Participants in this distribution)

  2021 2020
Contributions Available for Distribution $70,278,529 $61,976,922
Less: Operating Expenses -10,501,542 -9,780,137
Total Distribution $59,776,987 $52,196,785

Information regarding the Fund’s distribution guidelines is available on our website, https://www.afmsagaftrafund.org/guidelines_SR.php .

Please direct any questions to our Participant Services department at info@afmsagaftrafund.org

Best wishes and continued success,

Stefanie Taub
Chief Executive Officer

Stefanie Taub

September 30, 2020
Dear Participant,

The AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund (“Fund”) is pleased to forward the enclosed royalties collected on your behalf. These royalties represent revenues from the Fund’s audiovisual agreements with AIE (Spain) and GWFF (Germany). In addition, for the first time, this distribution also includes revenues from UBC (Brazil) from a newly negotiated audiovisual agreement.

These royalties cover the use of both licensed sound recordings and original underscores in audiovisual works in these territories, such as music contained in a motion picture or television film broadcast; music contained in a motion picture or television film exhibited in cinemas; and Private Copy audiovisual royalties. The Fund distributes these audiovisual royalties to both the featured and non-featured performers whose musical performances are contained in the audiovisual works.

Financial Summary

  2020 2019
Contributions Available for Distribution $4,970,006 $4,358,495
Less: Operating Expenses -634,143 -604,300
Total Distribution $4,335,863 $3,754,195

You may notice that a paper statement is not included with this distribution. To ensure that payments arrived to participants on time, we determined it would be more efficient to provide statements electronically at this time. To view your statements, please sign up for online access at www.afmsagaftrafund.org, where you will be able to view your current statement, along with all previous distribution statements.

While we continue to encourage participants to enroll in direct deposit to ensure that you will receive your royalty payments in a timely and secure manner, it is even more critical during times of possible business disruption. Not only does it get you your money faster, it is more secure, and it eliminates the possibility of lost, stolen, delayed, or stale-dated checks.

Please note that paper checks must be cashed before July 31, 2021.

Questions? Please contact us at info@afmsagaftrafund.org or 818‐255‐7980, Ext. 411, or log into your account on the Fund’s website at www.afmsagaftrafund.org for more information.

Best wishes and continued success,

Stefanie Taub
Chief Executive Officer

Stefanie Taub

April 30, 2021
Dear Participant,

We are pleased to provide you with your AFM and SAG-AFTRA Intellectual Property Rights Distribution Fund annual distribution.

This distribution includes US non-featured artist sound recording royalties and/or featured artist symphonic royalties pursuant to the Digital Performance Right in Sound Recordings Act (DPRA) and the Digital Millennium Copyright Act (DMCA), various settlement payments for pre-72 recordings, and international royalties as a result of the Fund’s reciprocal agreements with numerous foreign countries.

In our efforts to “Go Paperless,” statements are only available electronically through your online access. If you have not signed up for online access, you may do so at www.afmsagaftrafund.org, where you will be able to view your current statement, along with all previous distribution statements.

While we continue to encourage participants to enroll in direct deposit to ensure that you will receive your royalty payments in a timely and secure manner, it is even more critical during times of possible business disruption. Not only does it get you your money faster, but it is also more secure, and it eliminates the possibility of lost, stolen, delayed, or stale-dated checks.

Please note that paper checks must be cashed before July 31, 2021.

Un-audited Financial Summary
(This is the total amount distributed to ALL Participants in this distribution)

  2021 2020
Contributions Available for Distribution $70,278,529 $61,976,922
Less: Operating Expenses & Omission Reserve -10,501,542 -9,780,137
Net of Expenses & Reserve $59,776,987 $52,196,785

Information regarding the Fund’s distribution guidelines is available on our website, https://www.afmsagaftrafund.org/guidelines_SR.php .

Please direct any questions to our Participant Services department at info@afmsagaftrafund.org

Best wishes and continued success,

Stefanie Taub
Chief Executive Officer

Stefanie Taub