DaniLeigh's "FAMILY ONLY" Acquired by Music Licensing, Inc. (OTC: SONG)

Rhea-AI Summary

Music Licensing, a key player in music royalty management, has acquired the royalty rights to DaniLeigh's hit track 'FAMILY ONLY.' Announced on June 17, 2024, this acquisition underscores the company's strategy to expand its portfolio with high-value music assets. 'FAMILY ONLY' has shown strong performance across various platforms, and Music Licensing aims to leverage its revenue potential for long-term growth.

Positive

• Acquisition of royalty-generating intellectual property in 'FAMILY ONLY' by DaniLeigh.
• Strategic move to enhance portfolio with high-value music assets.
• Track 'FAMILY ONLY' continues to perform well across multiple platforms.
• Potential for sustained revenue growth through the acquisition.

Negative

• No specific financial figures or growth projections provided.
• Potential over-reliance on the performance of a single track.

Naples, FL, June 17, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a premier company in the acquisition and management of music royalties, proudly announces the acquisition of royalty-generating intellectual property in "FAMILY ONLY" by DaniLeigh. This strategic move highlights the company's commitment to enriching its portfolio with high-value music assets.

"FAMILY ONLY" by DaniLeigh is a captivating track that continues to perform exceptionally well across multiple platforms. The acquisition aims to harness its revenue potential for sustained growth.

Watch "FAMILY ONLY" by DaniLeigh here.

About Music Licensing, Inc. (OTC: SONG) (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

SOURCE: Music Licensing, Inc.

FAQ

What did Music Licensing acquire?

Music Licensing acquired the royalty rights to DaniLeigh's track 'FAMILY ONLY.'

When was the acquisition of 'FAMILY ONLY' announced?

The acquisition was announced on June 17, 2024.

Why did Music Licensing acquire 'FAMILY ONLY'?

Music Licensing acquired 'FAMILY ONLY' to enhance its portfolio with high-value music assets and harness its revenue potential.

How is 'FAMILY ONLY' performing?

'FAMILY ONLY' continues to perform exceptionally well across multiple platforms.