Welcome to our dedicated page for MUSIC LICENSING news (Ticker: SONG), a resource for investors and traders seeking the latest updates and insights on MUSIC LICENSING stock.
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) formed in the United States. With licensees like TikTok, iHeart Media, Triller, and more, Pro Music Rights commands an estimated market share of 7.4% in the U.S., representing over 2,500,000 works by notable artists across various genres. Some of the prominent artists in their catalog include A$AP Rocky, Pharrell, Wiz Khalifa, Young Jeezy, and many others. In addition to music royalties, the company has also invested in artificial intelligence (A.I.) created music and holds royalty stakes in Listerine "Mouthwash" Antiseptic. Through strategic acquisitions like "DO IT TO ME" and "FAMILY ONLY" by DaniLeigh, Music Licensing, Inc. aims to enhance its collection and revenue potential, positioning itself as a key player in the music industry.
Music Licensing, Inc. (OTC: SONG) has issued a correction regarding its 30-year royalty stream sale involving works by Miley Cyrus, Elton John, Lil Nas X, and XXXTENTACION. The company's ROI has been adjusted upward from 106.04% to 110.43%. Since acquiring the rights on November 23, 2023, for $160,000 USD, the company has received $36,489 USD in royalty payments and generated $140,200 USD from the sale of the 30-year royalty stream. The company retains ownership rights beyond the 30-year period for the portfolio, which includes notable tracks like 'Unholy' and 'ONE OF ME'.
Music Licensing, Inc. (OTC: SONG), a leading diversified music rights management company, has retained SmallCapVoice.com Inc. (SCV) to provide investor relations services. SCV, based in Austin, Texas, specializes in investor relations and communications for emerging growth companies. The partnership aims to increase corporate exposure to new investors, current shareholders, and customers through various initiatives.
Stuart Smith, CEO of SCV, expressed enthusiasm about Music Licensing, Inc.'s major licensing deals in 2024 and their ability to target unique market niches. Jake P. Noch, CEO of Music Licensing, Inc., stated that the company is updating its website's investor pages and looks forward to enhancing communication with a wider shareholder base through this collaboration.
Music Licensing, Inc. (OTC: SONG) has acquired the sound recording rights to Rihanna's hit track 'Goodnight Gotham', complementing its previous acquisition of the publishing rights. This strategic move gives the company comprehensive control over one of Rihanna's celebrated works, positioning it as a significant player in the global music rights market. The sound recording rights will be administered by Universal Music Group, while Kobalt Music Group manages the publishing rights.
This acquisition unlocks diverse revenue streams across multiple platforms, including streaming services, social media, radio, and synchronization licensing. It allows Music Licensing, Inc. to generate income from every instance of the song being played, streamed, or licensed. The company can now capitalize on opportunities from platforms like Spotify, Apple Music, TikTok, Instagram, and traditional radio, as well as high-value sync placements in films, TV shows, and commercials.
For shareholders, this represents a strategic entry into a rapidly growing sector of the entertainment industry, positioning Music Licensing, Inc. for sustainable growth and enhanced value as global music consumption continues to rise.
Music Licensing, Inc. (OTC: SONG) has announced the temporary closure of its Naples, Florida office due to Hurricane Milton. Despite this, the company assures that operations remain fully functional with no disruption to services. This seamless transition is attributed to the company's robust contingency plans, including remote work capabilities and redundant systems.
CEO Jake P. Noch emphasized that the company has implemented business continuity protocols to maintain operational integrity and ensure uninterrupted, high-quality service to clients. The company continues to manage operations remotely, prioritizing the safety of its team and community while staying fully operational during this challenging time.
Music Licensing, Inc. (OTC: SONG) has announced the sale of a 30-year royalty stream for $140,200 USD on select musical works while retaining lifetime ownership rights. The company has achieved a 106.04% return on investment (ROI) on these works, which include songs by artists such as Miley Cyrus, Elton John, Lil Nas X, and Halsey.
Key financial details:
- Initial acquisition cost: $160,000 USD (November 23, 2023)
- Royalties received since acquisition: $29,863 USD
- Revenue from 30-year royalty stream sale: $140,200 USD
- Total ROI: 106.04%
This strategic move provides immediate liquidity while preserving long-term revenue potential for shareholders, demonstrating the company's ability to generate both short-term gains and long-term value.
Music Licensing, Inc. (OTC: SONG) has announced the receipt of substantial royalty payments from its ownership stakes in several high-profile musical works. The company's portfolio includes works by renowned artists such as Rihanna and The Weeknd. Key royalty payments were received for songs including:
- "Goodnight Gotham" by Rihanna
- "FML" by Kanye West & The Weeknd
- "Better"
- "Glory" by Chuck Leavell
- "No More" by Lil Yachty
- "Peaceful World" by Honcho Da Savage feat. Lil Tracy & Yung Bans
- "Thank God I Got It" by Desiigner
The company highlighted the consistent performance of Rihanna's "Goodnight Gotham" and The Weeknd's collaboration with Kanye West on "FML" as major contributors to their royalty income. These payments demonstrate Music Licensing, Inc.'s ability to capitalize on its portfolio of high-caliber music assets, potentially ensuring long-term value and sustained revenue growth for shareholders.
Music Licensing, Inc. (OTC: SONG), a diversified holding company, has announced the receipt of a royalty payment from its ownership stake in Listerine® Antiseptic (Mouthwash). The company's interest in the globally recognized oral hygiene brand continues to perform well in the market, contributing to a steady revenue stream. Jake P. Noch, CEO of Music Licensing, Inc., expressed pride in the payment, highlighting its significance in creating sustainable, long-term value for shareholders.
The company's strategy involves diversified asset holdings, including high-profile consumer goods and investments in both the entertainment and consumer goods sectors. This approach reinforces Music Licensing, Inc.'s position as a leader in intellectual property and royalty-based assets, demonstrating its commitment to maximizing shareholder value through strategic portfolio management.
Music Licensing, Inc. (OTC: SONG) has announced strategic actions to address the decline in stock price following a recent unsuccessful reverse stock split. The company plans to introduce new share classes and implement a forward stock split to restore shareholder value and improve market liquidity. These measures aim to counter the negative effects of the reverse split and stimulate trading activity.
Key initiatives include:
- Creating new share classes to be distributed as dividends to current shareholders
- Submitting Form 211 applications with FINRA for public trading of new share classes
- Executing a forward stock split to increase outstanding shares and lower price per share
- Enforcing favorable legal judgments related to licensing agreements for substantial cash inflows
These actions demonstrate Music Licensing, Inc.'s commitment to addressing challenges and ensuring long-term growth for investors.
Music Licensing, Inc. (OTC: SONG) has announced the acquisition of royalty rights to Desiigner's "Thank God I Got It". This move is part of the company's strategy to diversify its portfolio with high-quality, revenue-generating assets. SONG has recently acquired rights to works by numerous iconic artists, including Elton John, Miley Cyrus, Lil Wayne, Rihanna, and The Weeknd.
CEO Jake P. Noch emphasized that these acquisitions strengthen the company's portfolio and position it for growth. The strategy aims to leverage high-impact musical works for sustainable revenue and cultural relevance, ensuring a dynamic portfolio that caters to diverse musical tastes and solidifies SONG's market position in the music industry.
Music Licensing, Inc. (OTC: SONG) has announced the strategic acquisition of royalty rights to the hit song 'Peaceful World' by Honcho Da Savage featuring Lil Tracy and Yung Bans. This move diversifies the company's portfolio and aligns with contemporary music trends. CEO Jake P. Noch emphasized the focus on quality and potential in their acquisition strategy. The company expects this addition to contribute positively to revenue streams and support its mission of delivering sustained financial growth and shareholder value. This acquisition underscores Music Licensing, Inc.'s commitment to leveraging industry expertise in music royalty management and its role in promoting and preserving the art of music.
FAQ
What is the current stock price of MUSIC LICENSING (SONG)?
What is the market cap of MUSIC LICENSING (SONG)?
What is Music Licensing, Inc. (OTC: SONG) known for?
Which notable artists are part of Music Licensing, Inc.'s catalog?
What are some of the key partnerships of Music Licensing, Inc.?
What additional ventures has Music Licensing, Inc. pursued?