STOCK TITAN

MUSIC LICENSING INC NEW - SONGD STOCK NEWS

Welcome to our dedicated page for MUSIC LICENSING NEW news (Ticker: SONGD), a resource for investors and traders seeking the latest updates and insights on MUSIC LICENSING NEW stock.

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. The company holds an estimated market share of 7.4%, 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, and many more. Pro Music Rights boasts an impressive collection of musical works, including those by The Weeknd, Justin Bieber, Kanye West, Elton John, and many other renowned artists. The recent acquisition of

Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) has announced strategic actions to address the decline in stock price following a recent unsuccessful reverse stock split. The company plans to introduce new share classes and implement a forward stock split to restore shareholder value and improve market liquidity. These measures aim to counter the negative effects of the reverse split and stimulate trading activity.

Key initiatives include:

  • Creating new share classes to be distributed as dividends to current shareholders
  • Submitting Form 211 applications with FINRA for public trading of new share classes
  • Executing a forward stock split to increase outstanding shares and lower price per share
  • Enforcing favorable legal judgments related to licensing agreements for substantial cash inflows

These actions demonstrate Music Licensing, Inc.'s commitment to addressing challenges and ensuring long-term growth for investors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) has announced the acquisition of royalty rights to Desiigner's "Thank God I Got It". This move is part of the company's strategy to diversify its portfolio with high-quality, revenue-generating assets. SONG has recently acquired rights to works by numerous iconic artists, including Elton John, Miley Cyrus, Lil Wayne, Rihanna, and The Weeknd.

CEO Jake P. Noch emphasized that these acquisitions strengthen the company's portfolio and position it for growth. The strategy aims to leverage high-impact musical works for sustainable revenue and cultural relevance, ensuring a dynamic portfolio that caters to diverse musical tastes and solidifies SONG's market position in the music industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) has announced the strategic acquisition of royalty rights to the hit song 'Peaceful World' by Honcho Da Savage featuring Lil Tracy and Yung Bans. This move diversifies the company's portfolio and aligns with contemporary music trends. CEO Jake P. Noch emphasized the focus on quality and potential in their acquisition strategy. The company expects this addition to contribute positively to revenue streams and support its mission of delivering sustained financial growth and shareholder value. This acquisition underscores Music Licensing, Inc.'s commitment to leveraging industry expertise in music royalty management and its role in promoting and preserving the art of music.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) has announced the acquisition of royalty-generating intellectual property in 'Glory' by Chuck Leavell. This strategic move aims to enhance the company's portfolio with valuable assets from prominent artists. As a leading company in the acquisition and management of music royalties, SONG continues to expand its holdings in the music industry. The acquisition of rights to 'Glory' demonstrates the company's commitment to building a diverse and profitable catalog of musical assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) and Jake P. Noch Family Office, are in ongoing negotiations with the Government of Jamaica following a delayed response to their formal request for discussions. The cooling-off period, important for amicable dispute resolution, expired without a timely response from Jamaican authorities. While committed to good-faith negotiations, the companies warn that failure to reach a satisfactory monetary resolution may lead to Investor-State Arbitration at the International Centre for Settlement of Investment Disputes (ICSID). Transnational Matters PLLC, with Davy Karkason, Esq. as principal attorney, is prepared to lead potential arbitration proceedings to protect the companies' investments and legal rights.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Music Licensing (OTC: SONG) announced its acquisition of royalty-generating intellectual property in the song "Better" by kennedi. This acquisition is part of the company's strategy to enhance its portfolio with valuable music assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

Music Licensing (OTC: SONG), a prominent company in acquiring and managing music royalties, announced the acquisition of royalty-generating intellectual property in the song 'TRYNA DO' by Moneybagg Yo and Jeremih. This strategic move aims to enhance their portfolio with high-quality music assets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Music Licensing, a leading firm in music royalty acquisition, has announced the acquisition of the song 'TAKE YOUR TIME' by Jeremih and Ty Dolla Sign. This strategic move aims to bolster the company's portfolio with high-value intellectual property from renowned artists.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Music Licensing (OTC: SONG) has acquired the royalty-generating intellectual property of the song "SEE ME" by Alyssa Reid. This acquisition is part of their strategic plan to enhance their portfolio with high-quality assets from renowned artists. The deal underscores the company's commitment to leveraging music royalties for growth and value creation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG), a diversified holding company and the fifth public performance rights organization in the US, has released its Q1 2024 US GAAP reviewed financial statements. The statements are available via a Form 1-U filed with the SEC and can be accessed through the SEC's EDGAR database. This release demonstrates SONG's commitment to financial transparency and accountability. The company continues to maintain high standards of corporate governance and financial disclosure.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.04%
Tags

FAQ

What is the current stock price of MUSIC LICENSING NEW (SONGD)?

The current stock price of MUSIC LICENSING NEW (SONGD) is $35 as of June 12, 2024.

What is the market cap of MUSIC LICENSING NEW (SONGD)?

The market cap of MUSIC LICENSING NEW (SONGD) is approximately 56.2K.

What is Music Licensing Inc. (OTC: SONG) known for?

Music Licensing Inc., also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) formed in the United States.

Which notable artists are associated with Music Licensing Inc. (OTC: SONG)?

The company represents over 2,500,000 works by artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, and many more.

What recent acquisition did Music Licensing Inc. (OTC: SONG) make?

The company recently acquired the royalty-generating intellectual property of 'FAMILY ONLY' by DaniLeigh.

What is the market share of Music Licensing Inc. (OTC: SONG) in the United States?

Music Licensing Inc. holds an estimated market share of 7.4% in the United States.

What is the focus of Music Licensing Inc. (OTC: SONG) in the music industry?

The company is committed to enhancing its portfolio with valuable assets from prominent artists and expanding its collection of musical works.

MUSIC LICENSING INC NEW

OTC:SONGD

SONGD Rankings

SONGD Stock Data

56.17k
802.63M
Entertainment
Communication Services
Link
United States of America
Naples