Pro Music Rights (OTC:NUVG) One of the Worlds Largest Music Licensing Companies, Is Back to Pink Current Information Status With OTC Markets Group

Rhea-AI Summary

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.

Positive

• Restored Pink Current status enhances transparency and credibility.
• Holds licensing agreements with major platforms, expanding market reach.
• Controls a significant market share of 7.4% in the U.S. music licensing sector.

Negative

• None.

NAPLES, FL / ACCESSWIRE / November 1, 2022 / Pro Music Rights (OTC PINK:NUVG) One of the Worlds Largest Music Licensing Companies, is back to Pink Current information status with OTC Markets Group

About Pro Music Rights, Inc. (ProMusicRights.com)

Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights controls an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Fall Out Boy, and countless others. For more information, please visit promusicrights.com.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Pro Music Rights, Inc. to accomplish its stated plan of business. Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc. or any other person.

Contact:
investors@ProMusicRights.com

SOURCE: Nuvus Gro Corp

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https://www.accesswire.com/723200/Pro-Music-Rights-OTCNUVG-One-of-the-Worlds-Largest-Music-Licensing-Companies-Is-Back-to-Pink-Current-Information-Status-With-OTC-Markets-Group

FAQ

What does the restoration of Pink Current status mean for NUVG?

The restoration indicates improved transparency and compliance with OTC Markets requirements, which can positively affect investor perception.

What is Pro Music Rights' market share in the U.S. music licensing industry?

Pro Music Rights controls approximately 7.4% of the U.S. music licensing market.

Who are some of the notable companies Pro Music Rights has licensing agreements with?

They have agreements with TikTok, iHeart Media, Triller, and Napster, among others.

How many works does Pro Music Rights manage?

Pro Music Rights manages over 2,500,000 music works from various artists.