- Unclaimed Royalties
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.
|Contributions Available for Distribution||$4,970,006||$4,358,495|
|Less: Operating Expenses||-634,143||-604,300|
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 December 31, 2020
QUESTIONS? Please contact us at email@example.com or 818‐255‐7980, Ext. 411, or log in to your account on the Fund’s website at www.afmsagaftrafund.org for more information.
Best wishes and continued success,
Chief Executive Officer