"Lil Yachty's 'No More' Now Part of Music Licensing, Inc.'s Catalog”

Rhea-AI Summary

Music Licensing has announced the acquisition of 'No More' by Lil Yachty into its catalog. This addition reinforces the company's strategy to secure high-value intellectual properties that appeal to a broad audience and generate significant royalties. The move reflects Music Licensing's commitment to expanding its portfolio with top-tier assets.

Positive

• Acquisition of high-value intellectual property.
• Expansion of catalog with a popular artist's work.
• Potential for substantial royalty generation.
• Reinforcement of strategy to secure top-tier assets.

Negative

• No specific financial details provided.
• Unclear impact on immediate revenue.
• Potential over-reliance on high-profile acquisitions.

Naples, FL, June 10, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG) (OTC: SONGD), a leading authority in music royalty acquisitions, proudly announces the addition of "No More" by Lil Yachty to its ever-growing catalog of high-value intellectual properties. This acquisition demonstrates the company's dedication to securing top-tier assets that resonate with a broad audience and generate substantial royalties.

 

 Watch "No More" by Lil Yachty here.

About Music Licensing, Inc. (OTC: SONG) (OTC: SONGD) (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 recent acquisition did Music Licensing (SONGD) announce?

Music Licensing announced the acquisition of 'No More' by Lil Yachty.

When did Music Licensing (SONGD) add 'No More' by Lil Yachty to its catalog?

'No More' by Lil Yachty was added to Music Licensing's catalog on June 10, 2024.

How does the acquisition of 'No More' by Lil Yachty impact Music Licensing's (SONGD) strategy?

The acquisition aligns with Music Licensing's strategy to secure high-value intellectual properties that generate significant royalties.

What are the expected benefits of Music Licensing's (SONGD) acquisition of 'No More' by Lil Yachty?

The acquisition is expected to generate substantial royalties and strengthen Music Licensing's portfolio.