NUVG Stock Price, News & Analysis

Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a prominent public performance rights organization (PRO) based in Naples, Florida. Established as the fifth PRO in the United States, the company commands an estimated 7.4% market share, representing over 2,500,000 works. Its extensive catalog features notable artists like A$AP Rocky, Wiz Khalifa, Pharrell, and many others, as well as Artificial Intelligence (A.I.) Created Music.

As a diversified holding company, Pro Music Rights has successfully partnered with major entities such as TikTok, iHeart Media, Triller, Napster, 7Digital, and Vevo. The company's commitment to ethical and lawful practices positions it as a trusted leader in the industry.

In recent news, Music Licensing, Inc. addressed alleged corruption and misconduct within the Jamaica Stock Exchange. The company issued a preservation notice and filed a Form 1-U with the United States Securities and Exchange Commission, disclosing its intent to pursue legal action against specific parties. This move underscores the company's dedication to transparency and legal obligations.

Another significant achievement for Music Licensing, Inc. is the acquisition of intellectual property rights for Listerine Antiseptic. This strategic move enhances the company's revenue-generating capabilities and aligns with its goal of delivering value to shareholders. The acquisition, secured through a competitive bidding process, ensures a reliable stream of revenue from one of America's most iconic brands.

The company recently completed its 2023 year-end audit, highlighting substantial growth and market impact. CEO Jake P. Noch stated that the robust portfolio and strategic partnerships position Music Licensing, Inc. for continued success in the dynamic music licensing landscape.