Music Licensing, Inc. (OTC: SONG) Acquires Rights to "FAMILY ONLY" by DaniLeigh

Rhea-AI Summary

Music Licensing has acquired the rights to DaniLeigh's hit song "FAMILY ONLY." This strategic move aims to bolster the company's portfolio with valuable assets from renowned artists. The song continues to perform well across multiple platforms, offering promising revenue potential. The acquisition aligns with the company's strategy to enhance growth through significant intellectual property investments.

Positive

• Acquisition of a popular song by a notable artist, DaniLeigh.
• Strategic move to expand the company's portfolio with high-performing assets.
• Potential for increased revenue from the ongoing popularity of "FAMILY ONLY."

Negative

• No financial details disclosed about the acquisition cost.
• Unclear how this acquisition will impact the company's overall financial health or shareholder value.

Naples, FL, June 17, 2024 (GLOBE NEWSWIRE) -- The prestigious royalty-generating intellectual property of "FAMILY ONLY" by DaniLeigh has been acquired by Music Licensing, Inc. (OTC: SONG), a premier entity in the music royalties sector. This strategic acquisition underscores the company's efforts to expand its portfolio with significant assets from notable artists.

"FAMILY ONLY" by DaniLeigh continues to captivate listeners and maintain strong performance across various platforms. This acquisition aims to leverage its revenue-generating potential for continued 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 is the stock symbol for Music Licensing?

The stock symbol for Music Licensing is SONG.

What song did Music Licensing acquire?

Music Licensing acquired the rights to "FAMILY ONLY" by DaniLeigh.

When did Music Licensing acquire "FAMILY ONLY"?

Music Licensing acquired "FAMILY ONLY" on June 17, 2024.

How does the acquisition of "FAMILY ONLY" impact Music Licensing's portfolio?

The acquisition enhances Music Licensing's portfolio with a high-performing asset, potentially increasing revenue.

What is the significance of the song "FAMILY ONLY"?

"FAMILY ONLY" by DaniLeigh is a popular song with strong performance across various platforms, making it a valuable asset.