Music Licensing, Inc. (OTC: SONG) Announces Receipt of Royalty Payments for Major Works Including Rihanna's "Goodnight Gotham" and The Weeknd’s Collaboration on “FML"

Rhea-AI Summary

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.

Positive

• Receipt of substantial royalty payments from high-profile musical works
• Ownership stakes in songs by globally recognized artists like Rihanna and The Weeknd
• Consistent streaming and media royalties from popular tracks

Negative

• None.

Naples, FL, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a leader in music royalty acquisition and management, is pleased to announce that it has received substantial royalty payments from its ownership stakes in several high-profile musical works. These revenues underscore the company’s strategic investment in a portfolio that includes some of the most recognized and influential artists in the world, such as Rihanna and The Weeknd.

Key royalty payments have been received for the following works:

1. "Goodnight Gotham" – Rihanna
2. "FML" – Kanye West & The Weeknd
3. "Better"
4. "Glory" – Chuck Leavell
5. "No More" – Lil Yachty
6. "Peaceful World" – Honcho Da Savage feat. Lil Tracy & Yung Bans
7. "Thank God I Got It" – Desiigner
   
   

Rihanna’s "Goodnight Gotham" continues to be a standout in the catalog, showcasing her global impact and ensuring consistent streaming and media royalties. The Weeknd’s collaboration with Kanye West on "FML" also remains a major contributor, reflecting the ongoing popularity of both artists across multiple platforms.

These royalty payments further reinforce Music Licensing, Inc.'s ability to capitalize on its portfolio of high-caliber music assets, ensuring long-term value and sustained revenue growth for shareholders.

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 royalty payments did Music Licensing, Inc. (OTC: SONG) recently receive?

Music Licensing, Inc. (OTC: SONG) recently received substantial royalty payments for several high-profile musical works, including Rihanna's 'Goodnight Gotham' and The Weeknd's collaboration on 'FML' with Kanye West, among others.

Which notable artists are included in Music Licensing, Inc.'s (OTC: SONG) portfolio?

Music Licensing, Inc.'s (OTC: SONG) portfolio includes works by renowned artists such as Rihanna, The Weeknd, Kanye West, Chuck Leavell, Lil Yachty, and Desiigner.

How do these royalty payments impact Music Licensing, Inc. (OTC: SONG)?

These royalty payments reinforce Music Licensing, Inc.'s (OTC: SONG) ability to capitalize on its portfolio of high-caliber music assets, potentially ensuring long-term value and sustained revenue growth for shareholders.