Music Licensing, Inc. (OTC:SONG) Announces Groundbreaking Research and Plans to Develop Proprietary AI Music Technology

Rhea-AI Summary

Music Licensing, Inc. (OTC:SONG) has announced a commitment to innovate in the music industry through the development of proprietary artificial intelligence (AI) systems. Following a review of OpenAI's resources, the company's Chief Technology Officer, Rodrigo Di Federico, highlighted the potential of AI-generated music to empower musicians. The new AI models aim to produce high-quality, coherent music compositions, addressing the shortcomings of existing AI systems.

This strategic move not only creates unique market advantages but also strengthens the company's intellectual property in the growing AI music sector. Music Licensing, Inc. is dedicated to revolutionizing music creation and fostering creativity through groundbreaking technology.

Positive

• Development of proprietary AI music systems to enhance creativity.
• Potential to secure and protect intellectual property in the AI music market.
• Alignment with the mission to innovate within the music industry.

Negative

• None.

Naples, Florida, April 10, 2023 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC:SONG) is excited to share its latest findings on artificial intelligence (AI) applications in the music industry. After an extensive review of OpenAI documentation and numerous university papers, our Chief Technology Officer, Rodrigo Di Federico, has identified significant opportunities for innovation in the field of AI-generated music.

While current AI systems like OpenAI's ChatGPT have shown promise in various applications, experienced musicians often find it challenging to extract valuable melody, rhythm, and other musical elements from these models. Recognizing the potential of AI in revolutionizing the music industry, Music Licensing, Inc. (OTC:SONG) aims to develop a proprietary AI music system that addresses these limitations.

By building upon the foundational technology provided by OpenAI's ChatGPT, Music Licensing, Inc. (OTC:SONG) will create custom AI models designed specifically for generating high-quality, coherent, and meaningful music compositions. These AI-generated songs will help empower musicians and pave the way for a new era of creativity.

Developing proprietary AI models also offers Music Licensing, Inc. (OTC:SONG) a unique advantage in the market. By creating innovative, original code, the company will be able to secure and protect the underlying intellectual property, further strengthening its position in the rapidly growing AI music industry.
This development aligns with Music Licensing, Inc. (OTC:SONG)'s mission to revolutionize the music industry by harnessing cutting-edge technologies and fostering a spirit of innovation. The company is committed to pushing the boundaries of AI-generated music and providing musicians with groundbreaking tools to inspire their creativity.

About Pro Music Rights, Inc. (ProMusicRights.com)
Pro Music Rights is the 5th public performance rights organization (PRO) to be 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 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, as well as Artificial Intelligence (A.I.) Created Music.

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.

Contact: investors@ProMusicRights.com

SOURCE: Music Licensing, Inc.

FAQ

What innovation is Music Licensing, Inc. (SONG) pursuing in AI?

Music Licensing, Inc. is developing proprietary AI music systems to enhance the creation of high-quality compositions.

Who is leading the AI development at Music Licensing, Inc. (SONG)?

Rodrigo Di Federico, the Chief Technology Officer, is spearheading the AI development efforts.

How will the new AI models benefit musicians according to the press release?

The AI models aim to produce coherent and meaningful music compositions, empowering musicians in their creative processes.

What market advantage does Music Licensing, Inc. (SONG) expect from its AI initiative?

The company expects to secure and protect its intellectual property, giving it a unique advantage in the rapidly growing AI music industry.

What is the stock symbol for Music Licensing, Inc.?

The stock symbol for Music Licensing, Inc. is SONG.