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Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a prominent public performance rights organization (PRO) based in Naples, Florida. Established as the fifth PRO in the United States, the company commands an estimated 7.4% market share, representing over 2,500,000 works. Its extensive catalog features notable artists like A$AP Rocky, Wiz Khalifa, Pharrell, and many others, as well as Artificial Intelligence (A.I.) Created Music.
As a diversified holding company, Pro Music Rights has successfully partnered with major entities such as TikTok, iHeart Media, Triller, Napster, 7Digital, and Vevo. The company's commitment to ethical and lawful practices positions it as a trusted leader in the industry.
In recent news, Music Licensing, Inc. addressed alleged corruption and misconduct within the Jamaica Stock Exchange. The company issued a preservation notice and filed a Form 1-U with the United States Securities and Exchange Commission, disclosing its intent to pursue legal action against specific parties. This move underscores the company's dedication to transparency and legal obligations.
Another significant achievement for Music Licensing, Inc. is the acquisition of intellectual property rights for Listerine Antiseptic. This strategic move enhances the company's revenue-generating capabilities and aligns with its goal of delivering value to shareholders. The acquisition, secured through a competitive bidding process, ensures a reliable stream of revenue from one of America's most iconic brands.
The company recently completed its 2023 year-end audit, highlighting substantial growth and market impact. CEO Jake P. Noch stated that the robust portfolio and strategic partnerships position Music Licensing, Inc. for continued success in the dynamic music licensing landscape.
Pro Music Rights (OTC:NUVG), a leading music licensing company, has issued a license to Houma Christian School. This marks a significant milestone, bringing the total number of licensed locations to over 87,000 since the company's founding in January 2018. Pro Music Rights, the fifth public performance rights organization in the United States, holds a market share of 7.4% and oversees licensing for over 2.5 million musical works featuring numerous notable artists.
Pro Music Rights (OTC PINK:NUVG), a leading music licensing company, has restored its Pink Current information status with the OTC Markets Group as of November 1, 2022. This organization is the fifth public performance rights organization in the U.S., with a market share of 7.4% and access to over 2,500,000 works from prominent artists including A$AP Rocky and Pharrell. The company holds licensing agreements with notable platforms like TikTok and iHeart Media, enhancing its market position.
Pro Music Rights (OTC: NUVG) announced a court victory against Ayujoy Herbals (OTC: AJOY) with a secured judgment of $77,641, along with statutory and court fees, due to non-compliance with a licensing agreement and alleged fraud. The Superior Court of New Jersey issued a final judgment that is non-appealable. CEO Jake P. Noch emphasized this victory as evidence of PMR's strong collection practices and the rampant licensing infringement in the industry, revealing a promising revenue potential for the company and its investors.
Pro Music Rights, Inc. (OTC: NUVG) announced its Q2 2022 financial results, reporting total assets of $432,579,903, up from $323,562,671 at the end of 2021. This marks a quarterly increase of $109,017,232, translating to a book value of $0.12 per share, offering shareholders a notable 128.8% value increase. The company also secured a licensing agreement with TikTok, providing users access to over 2,500,000 musical works. Pro Music Rights holds a 7.4% market share in the U.S. music licensing sector.
Pro Music Rights, Inc. (OTC: NUVG), a leading music licensing firm, reported significant growth in its financial results for Q2 2022. Total assets rose to $432,579,903, up $109,017,232 from the end of 2021, reflecting a 128.8% increase in book value to $0.012 per share. The company's licensing agreement with TikTok allows users access to over 2,500,000 musical works. Pro Music holds a 7.4% market share in the U.S., representing artists like A$AP Rocky and Pharrell.
Pro Music Rights, one of the largest music licensing firms, has successfully completed a reverse merger with Nuvus Gro Corp (OTC: NUVG). This strategic move is expected to enhance Pro Music Rights’ operational capabilities and expand its market reach. The company, which holds a 7.4% market share in the U.S., represents over 2.5 million works from renowned artists like A$AP Rocky and Pharrell. Financial statements are set for release on August 19, 2022, detailing the merger's implications.
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