STOCK TITAN

DaBaby and Stunna 4 Vegas's "NO DRIBBLE" Joins Music Licensing, Inc.'s Portfolio

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) has announced the acquisition of a royalty-generating intellectual property stake in the hit track "NO DRIBBLE" by DaBaby and Stunna 4 Vegas. This strategic move aims to bolster the company's portfolio with high-value assets. The track has garnered significant acclaim and attention, promising consistent revenue streams from various platforms for Music Licensing, Inc.

Positive
  • Acquisition of a high-value asset, "NO DRIBBLE," by DaBaby and Stunna 4 Vegas.
  • Potential for consistent revenue streams from various platforms due to the track's popularity.
  • Strengthens Music Licensing's portfolio with a well-acclaimed track.
Negative
  • No financial details provided regarding the acquisition cost or expected revenue from the asset.
  • Dependence on the sustained popularity of a single track for revenue generation.

NAPLES, Fla., June 7, 2024 /PRNewswire/ -- Music Licensing, Inc. (OTC: SONG) (OTC: SONGD) is thrilled to announce its latest strategic move: the acquisition of a royalty-generating intellectual property stake in the hit track "NO DRIBBLE," performed by DaBaby and Stunna 4 Vegas. This acquisition underscores the company's dedication to expanding its portfolio with high-value assets.

"NO DRIBBLE" has captured widespread acclaim and attention, and through this acquisition, Music Licensing, Inc. is positioned to enjoy consistent revenue streams from various platforms.

Experience "NO DRIBBLE" by DaBaby and Stunna 4 Vegas Here

About Music Licensing, Inc. (OTC: SONG) (OTC: SONGD) (ProMusicRights.com)

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. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of 7.4% in the United States, representing over 2,500,000 works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and countless others, as well as artificial intelligence (A.I.) created music.

Additionally, Music Licensing, Inc. (OTC: SONG) owns royalty stakes in Listerine "Mouthwash" Antiseptic and musical works by artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and numerous others.

Forward-Looking Statements:

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 Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & 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., Music Licensing, Inc., or any other person.

Non-Legal Advice Disclosure:

This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

Non-Investment Advice Disclosure:

This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication

Contact: 
investors@ProMusicRights.com
+1 833-227-7683

Cision View original content:https://www.prnewswire.com/news-releases/dababy-and-stunna-4-vegass-no-dribble-joins-music-licensing-incs-portfolio-302167238.html

SOURCE Music Licensing, Inc.

FAQ

What is the latest acquisition by Music Licensing, Inc. (OTC: SONG)?

Music Licensing, Inc. has acquired a royalty-generating intellectual property stake in the hit track "NO DRIBBLE" by DaBaby and Stunna 4 Vegas.

How will the acquisition of "NO DRIBBLE" affect Music Licensing's portfolio?

The acquisition is expected to strengthen Music Licensing's portfolio by adding a high-value asset that can generate consistent revenue streams from various platforms.

What is the significance of acquiring "NO DRIBBLE" for SONG's revenue?

The acquisition of "NO DRIBBLE" is significant as it promises consistent revenue streams from various platforms due to the track's widespread acclaim and attention.

When did Music Licensing, Inc. announce the acquisition of "NO DRIBBLE"?

Music Licensing, Inc. announced the acquisition on June 7, 2024.

MUSIC LICENSING INC

OTC:SONG

SONG Rankings

SONG Latest News

SONG Stock Data

1.98M
20.00M
Entertainment
Communication Services
Link
United States of America
Naples