Toronto, September 12, 2024 – Music Royalties Inc. (“MRI”), announces its participation in Booth #307 at the MoneyShow located in the Metro Toronto Convention Centre September 13-14, 2024.
MRI will be presenting from 11:15 am – 12:00 pm on Saturday, September 14, 2024
Since 2018 Music Royalties Inc. has acquired a diversified portfolio of 28 iconic catalogs with over 7,000 songs from various rightsholders including songwriters, managers and producers. To date, MRI has paid out over $9 million in 55 monthly dividends. Supported by the global internet infrastructure, most of the cash flow is generated from the streaming income of hit songs of numerous artist-brands diversified by era and genre. MRI has more than tripled its 2019 dividend of $0.01 to $0.036 per share for a 7.2% yield. MRI's dividend and capital appreciation growth strategy is underpinned by management's unique ability to accretively acquire cash flow from rightsholders that generate yields ranging between 7-20%.
About Music Royalties Inc.
Alternative Non-Correlated Passive International Streaming Income Distributed Via Monthly Dividends
Music Royalties Inc. is an artist and investor virtual partnership which provides direct exposure to music revenues from the growth in global streaming platforms by acquiring song royalties for shareholders. MRI's target is to generate above average returns by accumulating a diversified portfolio of cash flowing royalties which pay a monthly dividend.
Contact
Tim Gallagher
P: (416) 276-5440
Connor Gallagher
P: (647) 921-2206
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