Music Licensing, Inc. (OTC: SONG) Corrects ROI to 110.43% on 30-Year Royalty Stream Deal Involving Works by Miley Cyrus, Elton John, Lil Nas X, and XXXTENTACION, While Retaining Lifetime Ownership Rights
Music Licensing, Inc. (OTC: SONG) has issued a correction regarding its 30-year royalty stream sale involving works by Miley Cyrus, Elton John, Lil Nas X, and XXXTENTACION. The company's ROI has been adjusted upward from 106.04% to 110.43%. Since acquiring the rights on November 23, 2023, for $160,000 USD, the company has received $36,489 USD in royalty payments and generated $140,200 USD from the sale of the 30-year royalty stream. The company retains ownership rights beyond the 30-year period for the portfolio, which includes notable tracks like 'Unholy' and 'ONE OF ME'.
Music Licensing, Inc. (OTC: SONG) ha emesso una correzione riguardante la vendita del flusso di royalty di 30 anni che coinvolge brani di Miley Cyrus, Elton John, Lil Nas X e XXXTENTACION. Il ROI dell'azienda è stato rivisto al rialzo, passando dal 106,04% al 110,43%. Dall'acquisizione dei diritti il 23 novembre 2023, per un importo di $160.000 USD, l'azienda ha ricevuto $36.489 USD in pagamenti di royalty e ha generato $140.200 USD dalla vendita del flusso di royalty trentennale. L'azienda mantiene i diritti di proprietà oltre il periodo di 30 anni per il portafoglio, che include brani di rilievo come 'Unholy' e 'ONE OF ME'.
Music Licensing, Inc. (OTC: SONG) ha emitido una corrección respecto a la venta de flujo de regalías de 30 años que involucra obras de Miley Cyrus, Elton John, Lil Nas X y XXXTENTACION. El ROI de la compañía ha sido ajustado al alza del 106,04% al 110,43%. Desde la adquisición de los derechos el 23 de noviembre de 2023, por $160,000 USD, la empresa ha recibido $36,489 USD en pagos de regalías y ha generado $140,200 USD por la venta del flujo de regalías de 30 años. La empresa retiene derechos de propiedad más allá del periodo de 30 años para el portafolio, que incluye temas destacados como 'Unholy' y 'ONE OF ME'.
뮤직 라이센싱, 인크. (OTC: SONG)은 마일리 사이러스, 엘튼 존, 릴 나스 엑스, XXXTentacion의 작품과 관련된 30년 로열티 스트림 판매에 대한 정정을 발표했습니다. 회사의 ROI는 106.04%에서 110.43%로 상향 조정되었습니다. 2023년 11월 23일 $160,000 USD의 가격으로 권리를 인수한 이후, 회사는 $36,489 USD의 로열티 지급을 받았고, 30년 로열티 스트림 판매에서 $140,200 USD를 생성했습니다. 회사는 'Unholy'와 'ONE OF ME'와 같은 유명한 트랙을 포함하는 포트폴리오에 대해 30년 이후에도 소유권을 유지합니다.
Music Licensing, Inc. (OTC: SONG) a émis une correction concernant la vente de flux de redevances de 30 ans impliquant des œuvres de Miley Cyrus, Elton John, Lil Nas X et XXXTENTACION. Le ROI de l'entreprise a été révisé à la hausse, passant de 106,04 % à 110,43 %. Depuis l'acquisition des droits le 23 novembre 2023, pour 160 000 USD, l'entreprise a reçu 36 489 USD en paiements de redevances et a généré 140 200 USD grâce à la vente du flux de redevances de 30 ans. L'entreprise conserve ses droits de propriété au-delà de la période de 30 ans pour le portefeuille, qui comprend des titres notables comme 'Unholy' et 'ONE OF ME'.
Music Licensing, Inc. (OTC: SONG) hat eine Korrektur bezüglich des Verkaufs des 30-jährigen Royalty-Streams, der Werke von Miley Cyrus, Elton John, Lil Nas X und XXXTENTACION umfasst, veröffentlicht. Die ROI des Unternehmens wurde von 106,04% auf 110,43% nach oben angepasst. Seit dem Erwerb der Rechte am 23. November 2023 für 160.000 USD hat das Unternehmen 36.489 USD an Royalty-Zahlungen erhalten und 140.200 USD aus dem Verkauf des 30-jährigen Royalty-Streams generiert. Das Unternehmen behält die Eigentumsrechte über den 30-Jahres-Zeitraum hinaus für das Portfolio, das bemerkenswerte Songs wie 'Unholy' und 'ONE OF ME' umfasst.
- Achieved 110.43% ROI on initial $160,000 investment
- Generated $140,200 from 30-year royalty stream sale
- Collected $36,489 in royalty payments since acquisition
- Retained ownership rights beyond the 30-year period
- None.
Naples, FL, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a leader in the acquisition and management of music royalties, is issuing a correction regarding the financial performance of its recent sale of a 30-year royalty stream, which includes works by major artists such as Miley Cyrus, Elton John, Lil Nas X, and XXXTENTACION. The company initially reported a return on investment (ROI) of
Music Licensing, Inc. has received royalty payments totaling
Works Included in the Transaction:
- Miley Cyrus: "Unholy"
- Elton John & Lil Nas X: "ONE OF ME"
- Halsey: "clementine"
- Halsey: "Honey"
- Halsey: "Honey (John Cunningham Demo)"
- Lauv: "I (Don't) Have A Problem"
- XXXTENTACION: "Kill My Vibe"
- Lil Nas X: "LIFE AFTER SALEM"
- Lil Wayne & XXXTENTACION: "School Shooters"
- XXXTENTACION: "THE ONLY TIME I FEEL ALIVE"
- 347aidan: "what i think about"
- Halsey: "wipe your tears"
- Halsey: "Lilith"
Transaction Highlights:
- Total Revenue from Sale:
$140,200 USD from the sale of the 30-year royalty stream. - Royalties Already Received:
$36,489 USD in royalty payments since acquisition. - Initial Investment: The company acquired the rights to these works for
$160,000 USD on November 23, 2023. - Total ROI: Including both the royalty stream sale and royalties received, Music Licensing, Inc. has achieved a
110.43% ROI.
Benefits to Shareholders:
This transaction continues to demonstrate Music Licensing, Inc.’s ability to generate immediate returns while preserving future revenue potential. By monetizing a portion of future royalties, the company has not only realized significant returns but also retains ownership of these valuable assets for future revenue beyond the 30-year royalty stream. This strategic approach ensures that shareholders benefit from both short-term gains and long-term value creation.
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
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 / ssmith@smallcapvoice.com
SOURCE: Music Licensing, Inc.
FAQ
What is the corrected ROI for Music Licensing Inc's (SONG) royalty stream deal?
How much did Music Licensing Inc (SONG) receive from the royalty stream sale in 2023?
Which major artists are included in Music Licensing Inc's (SONG) royalty portfolio?
