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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. With licensees like TikTok, iHeart Media, Triller, and more, Pro Music Rights commands an estimated market share of 7.4% in the U.S., representing over 2,500,000 works by notable artists across various genres. Some of the prominent artists in their catalog include A$AP Rocky, Pharrell, Wiz Khalifa, Young Jeezy, and many others. In addition to music royalties, the company has also invested in artificial intelligence (A.I.) created music and holds royalty stakes in Listerine "Mouthwash" Antiseptic. Through strategic acquisitions like "DO IT TO ME" and "FAMILY ONLY" by DaniLeigh, Music Licensing, Inc. aims to enhance its collection and revenue potential, positioning itself as a key player in the music industry.
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Music Licensing, Inc. (SONG) announces a strategic shift to a diversified holding company and the potential establishment of a proprietary trading subsidiary. The company aims to explore new avenues for profit generation within the financial markets, including assets such as equity, equity derivatives, fixed income, and alternative assets like music intellectual property royalty stakes. CEO Jake P. Noch emphasizes the move's alignment with the company's commitment to innovation and shareholder value enhancement.
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Music Licensing, Inc. (OTC: SONG) announced a potential acquisition offer for its subsidiary 'Pro Music Rights' from another publicly traded entity. The company remains open to exploring opportunities that align with its strategic objectives and enhance shareholder value. Any potential sale would require approval from the Board of Directors and a shareholder vote before finalization.
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Music Licensing, Inc. (MLI) has disclosed significant developments in a Form 1-U filed with the U.S. Securities and Exchange Commission on December 8, 2023. The anticipated resignation of CEO Mr. Jake P. Noch was initially reported, but subsequent to the disclosure, Mr. Noch has decided to remain in his current roles within the Company. MLI is actively recruiting additional C-level executives to bolster its leadership team and is proposing a transformative change to reposition itself as a diversified holding company, aiming to expand its range of activities without restricting potential for future growth.
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Music Licensing, Inc. (SONG) receives inaugural royalty payments for iconic songs by globally recognized artists, including Elton John, Miley Cyrus, and Lil Nas X. These substantial royalty stakes validate the company's strategic approach to innovation and revenue stream diversification.
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Music Licensing, Inc. (OTC Pink: SONG) unveils a strategic masterplan including reverse stock split, buyback plans, and financing strategies. The company aims to avoid 'Penny Stock' label, channel 25% of royalty stake income into buyback plans, and utilize the 3(a)(10) exemption for financial maneuvers and acquisitions. Anticipating challenges, the company plans forward stock splits and aims for the first royalty payment from acquired stakes before the end of 2023. Aspiring to move to a US exchange, the company plans to engage new public/investor relations firms, research entities, and a PCAOB auditing firm.
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Music Licensing, Inc. (SONG) reconfirms buyback program commitment and addresses reverse stock split rumors. CEO Jake P. Noch takes legal action against misinformation. Outstanding common stock shares remain at 802,635,215 as of December 13, 2023.
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Music Licensing, Inc. (OTC: SONG) has initiated a robust licensing agreement enforcement and collection campaign to protect the rights of its artists and stakeholders. The company aims to reinforce compliance within the music industry and ensure fair compensation for creators. 25% of the net recoverable funds will be allocated to a proposed buyback of its common stock, enhancing shareholder value. CEO Jake P. Noch emphasized the company's unwavering commitment to artist rights and confidence in its financial standing.
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Music Licensing, Inc. (SONG) Achieves 77.5% Reduction in Outstanding Common Stock Shares and Acquires Iconic Royalty Stakes
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Music Licensing, Inc. (SONG) has acquired substantial royalty stakes in the Mechanical Rights, Public Performance Rights, and Sync Rights of works by global sensations Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey, administered through a third-party arrangement with Kobalt Music Group.
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Music Licensing, Inc. (SONG) announces the cancellation of 1,197,364,785 common stock shares, aiming to refine its capital structure and enhance shareholder value. This strategic move marks a significant milestone in the company's efforts to optimize its financial position and establish a sustainable framework for future growth.
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FAQ
What is the current stock price of MUSIC LICENSING (SONG)?
The current stock price of MUSIC LICENSING (SONG) is $0.0798 as of November 14, 2024.
What is the market cap of MUSIC LICENSING (SONG)?
The market cap of MUSIC LICENSING (SONG) is approximately 2.0M.
What is Music Licensing, Inc. (OTC: SONG) known for?
Music Licensing, Inc. is a diversified holding company and the fifth public performance rights organization (PRO) in the United States with an estimated market share of 7.4%.
Which notable artists are part of Music Licensing, Inc.'s catalog?
The company represents over 2,500,000 works by artists like A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, and many more.
What are some of the key partnerships of Music Licensing, Inc.?
The company has licensees such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and other prominent companies in the music industry.
What additional ventures has Music Licensing, Inc. pursued?
In addition to music royalties, the company has ventured into artificial intelligence created music and holds royalty stakes in Listerine "Mouthwash" Antiseptic.
How does Music Licensing, Inc. aim to grow its portfolio?
Through strategic acquisitions like "DO IT TO ME" and "FAMILY ONLY" by DaniLeigh, the company aims to enhance its collection and revenue potential.
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