Mills Music Trust (MMTRS) — SEC Filings

Overview

Mills Music Trust (MMTRS) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-K filed on Mar 31, 2026: MILLS MUSIC TRUST (MMTRS) reported its 10-K for the fiscal year ended December 31, 2025, revealing its unique structure as a trust that receives a deferred contingent purchase price obligation from EMI Mills Music Inc. based on royalty income from a music and lyric copyright catalogue. The Trust's s

Sentiment Summary

Across 20 filings, the sentiment breakdown is: 3 bearish, 17 neutral. The dominant filing sentiment for Mills Music Trust is neutral.

Filing Type Overview

Mills Music Trust (MMTRS) has filed 3 10-K, 11 8-K, 6 10-Q with the SEC between Mar 2024 to Mar 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (20)

• Mills Music Trust's Future Hinges on Fading Copyrights — 10-K · Mar 31, 2026 Risk: high
  MILLS MUSIC TRUST (MMTRS) reported its 10-K for the fiscal year ended December 31, 2025, revealing its unique structure as a trust that receives a deferred cont
• MILLS MUSIC TRUST Files 8-K on Other Events — 8-K · Mar 26, 2026
  MILLS MUSIC TRUST filed an 8-K on March 26, 2026, reporting "Other Events" under Item 8.01 for the period ending March 25, 2026. While the specific details of t
• Mills Music Trust Files 8-K — 8-K · Dec 18, 2025 Risk: low
  On December 18, 2025, Mills Music Trust filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits." No specific f
• Mills Music Trust Halts Distributions Amidst Royalty Dispute Settlement — 10-Q · Nov 14, 2025 Risk: high
  MILLS MUSIC TRUST (MMTRS) reported a significant decline in receipts from EMI, falling from $512,648 in Q3 2024 to $356,533 in Q3 2025, a 30.4% decrease. For th
• Mills Music Trust Files 8-K — 8-K · Nov 5, 2025 Risk: low
  On October 30, 2025, Mills Music Trust filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits." No specific fi
• Mills Music Trust Files 8-K — 8-K · Oct 21, 2025 Risk: low
  Mills Music Trust filed an 8-K on October 21, 2025, reporting events as of September 29, 2025. The filing primarily concerns "Other Events" and "Financial State
• Mills Music Trust Halts Distributions Amidst Plummeting Royalties, EMI Dispute — 10-Q · Aug 14, 2025 Risk: high
  MILLS MUSIC TRUST (MMTRS) reported a significant decline in receipts from EMI for the three and six months ended June 30, 2025. Receipts for the three months de
• Mills Music Trust Files 8-K — 8-K · Jun 25, 2025 Risk: low
  On June 25, 2025, Mills Music Trust filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits." No specific finan
• Mills Music Trust Holds $63,932 in Reserve — 10-Q · May 15, 2025 Risk: low
  Mills Music Trust filed its 10-Q for the period ending March 31, 2025. The trust reported undistributed cash of $63,932 held in reserve for administrative expen
• Mills Music Trust Files 8-K — 8-K · Apr 1, 2025 Risk: low
  On March 31, 2025, Mills Music Trust filed an 8-K report. The filing primarily concerns other events and financial statements/exhibits. The trust is incorporate
• Mills Music Trust Files 2024 10-K — 10-K · Mar 31, 2025 Risk: low
  Mills Music Trust filed its 10-K for the fiscal year ending December 31, 2024. The filing details administrative expenses, including $4,375 in Corporate Trustee
• Mills Music Trust Files 8-K — 8-K · Dec 31, 2024 Risk: low
  Mills Music Trust filed an 8-K on December 31, 2024, reporting other events and financial statements. The filing provides details about the company's incorporat
• Mills Music Trust 10-Q: Expense Payments Detailed — 10-Q · Nov 14, 2024 Risk: low
  Mills Music Trust filed its 10-Q for the period ending September 30, 2024. The filing details administrative expenses paid in July 2023, totaling $29,334, which
• Mills Music Trust Files 8-K — 8-K · Sep 23, 2024 Risk: low
  On September 23, 2024, Mills Music Trust filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits." No specific
• Mills Music Trust 10-Q: Q2 2024 Expenses Detailed — 10-Q · Aug 14, 2024 Risk: low
  Mills Music Trust filed a 10-Q for the period ending June 30, 2024. The filing details administrative expenses paid in July 2023, including $29,334 for the thre
• Mills Music Trust Files 8-K — 8-K · Jun 24, 2024 Risk: low
  Mills Music Trust filed an 8-K on June 24, 2024, reporting other events and financial statements. The filing provides details about the trust's incorporation in
• MILLS MUSIC TRUST Files 10-Q for Period Ended March 31, 2024 — 10-Q · May 15, 2024 Risk: low
  MILLS MUSIC TRUST (MMTRS) filed a Quarterly Report (10-Q) with the SEC on May 15, 2024. Filing is a Form 10-Q for the quarterly period ended March 31, 2024. Inc
• MILLS MUSIC TRUST Files 2023 Annual Report on Form 10-K — 10-K · Apr 1, 2024 Risk: low
  MILLS MUSIC TRUST (MMTRS) filed a Annual Report (10-K) with the SEC on April 1, 2024. Corporate Trustee fees of $625 and Transfer Agent Registrar Fees of $3,750
• Mills Music Trust Files 8-K with Financials — 8-K · Mar 26, 2024 Risk: low
  Mills Music Trust filed an 8-K on March 26, 2024, reporting on events as of March 25, 2024. The filing primarily concerns financial statements and exhibits, wit
• Mills Music Trust Announces Director and Officer Changes — 8-K · Mar 21, 2024 Risk: medium
  On March 15, 2024, Mills Music Trust reported changes in its board of directors and executive officers. Specifically, the company announced the departure of dir

Risk Profile

Risk Assessment: Of MMTRS's 19 recent filings, 3 were flagged as high-risk, 1 as medium-risk, and 15 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Mills Music Trust's most recent 10-K filing (Mar 31, 2026):

• Revenue: N/A
• Net Income: N/A
• EPS: N/A
• Debt-to-Equity: N/A
• Cash Position: N/A
• Operating Margin: N/A
• Total Assets: N/A
• Total Debt: N/A

Key Executives

• Lee Eastman
• LEROY ANDERSON
• MITCHELL PARISH
• Duke Ellington
• IRVING MILLS
• Michael Reiss
• Joel Faden
• Corporate Trustee
• Michael J. O'Connor
• David M. Ruggiero

Industry Context

The music publishing industry is characterized by the long-term value of intellectual property, with revenue streams driven by royalties from the use of copyrighted music. Key trends include the impact of digital distribution, the ongoing importance of catalog sales and administration, and the perpetual challenge of copyright management and expiration. The industry is highly competitive, with major players managing vast catalogs and navigating complex licensing agreements.

Top Tags

8-K (5) · reporting (4) · Administrative Expenses (3) · Music Royalties (2) · Passive Income (2) · Intellectual Property (2) · corporate-filing (2) · sec-filing (2) · 10-Q (2) · trust-administration (2)

Key Numbers

• Aggregate market value of Trust Units held by non-affiliates: $4,149,121 — as of the last day of the most recently completed second fiscal quarter
• Total Trust Units outstanding: 277,712 — as of December 31, 2025
• Trust Unit holders of record: 101 — as of December 31, 2025
• Gross revenue for 'SLEIGH RIDE (VOCAL)': $1,190,557.59 — top earning song in 2025
• Gross revenue for 'LITTLE DRUMMER BOY': $1,073,052.22 — second top earning song in 2025
• Estimated music titles in the Catalogue: 12,000 — overall size of the music catalogue
• Number of Copyrighted Songs producing royalty income: 1,430 — in recent years
• Year 'On The Sunny Side Of The Street' enters U.S. public domain: 2026 — indicates declining revenue for a top 50 song
• Year 'I CAN'T BELIEVE THAT YOU'RE IN LOVE WITH ME' entered U.S. public domain: 2022 — indicates past revenue decline for a top 50 song
• Year most top 50 songs obtained copyright registration by or prior to: 1954 — highlights the age and impending expiration of key copyrights
• Commission File Number: 000-02123 — Identifier for Mills Music Trust's SEC filings.
• I.R.S. Employer Identification Number: 13-6183792 — Tax identification number for Mills Music Trust.
• Receipts from EMI (Q3 2025): $356,533 — Decreased from $512,648 in Q3 2024, a 30.4% decline.
• Receipts from EMI (9 months 2025): $820,142 — Decreased from $1,049,997 in 9 months 2024, a 22.08% decline.
• Cash Distribution per Unit (Q3 2025): $0 — No distribution made, compared to $1.33 in Q3 2024.

Frequently Asked Questions