Music Licensing, Inc. (OTC:SONG) Owner of Pro Music Rights One of the World’s Largest Music Licensing Companies, Announces That It expects to have a new Form 211 Filed with Finra

Rhea-AI Summary

Music Licensing, Inc. (OTC PINK:SONG) has announced an expected filing of a new Form 211 with FINRA within 48 hours to restore its proprietary quotation eligibility. Pro Music Rights, owned by Music Licensing, is one of the largest music licensing companies, controlling approximately 7.4% of the U.S. market, representing over 2.5 million works. Its licensees include major companies like TikTok and iHeart Media, featuring artists such as A$AP Rocky and Wiz Khalifa. However, investors are cautioned about the uncertainties surrounding forward-looking statements regarding the company's business plans.

Positive

• Expected to file a new Form 211 with FINRA to restore proprietary quotation eligibility.
• Pro Music Rights holds a market share of approximately 7.4%, expanding its footprint in the U.S. music licensing industry.

Negative

• Uncertainties exist regarding the execution of stated business plans.

NAPLES, FL / ACCESSWIRE / December 13, 2022 / Music Licensing, Inc. (OTC PINK:SONG), Owner of Pro Music Rights, One of the World's Largest Music Licensing Companies, Announces That It expects to have a new Form 211 Filed with Finra within the next 48 hours to Restore it's Proprietary Quotation Eligibility.

About Pro Music Rights, Inc. (ProMusicRights.com)

Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights controls 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. For more information, please visit promusicrights.com.

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.

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FAQ

What is the significance of the Form 211 filing for Music Licensing, Inc. (SONG)?

The filing aims to restore Music Licensing, Inc.'s proprietary quotation eligibility, which is crucial for trading visibility and market activity.

What market share does Pro Music Rights control?

Pro Music Rights controls approximately 7.4% of the U.S. music licensing market.

What types of companies license music from Pro Music Rights?

Pro Music Rights licenses music to companies like TikTok, iHeart Media, and Triller, among others.

Which notable artists are represented by Pro Music Rights?

Pro Music Rights represents works by artists such as A$AP Rocky, Wiz Khalifa, Pharrell, and many more.