Blueface’s "Stop Cappin" Acquired by Music Licensing, Inc. (OTC: SONG)
Rhea-AI Summary
Music Licensing, Inc. (OTC: SONG) has acquired royalty-generating intellectual property stakes in 'Stop Cappin', a notable solo hit by rapper Blueface. While third-party entities will continue to administer the rights to the track, SONG will receive passive royalty payments.
The track, which features Blueface's signature delivery and has garnered millions of streams across platforms, continues to demonstrate significant revenue potential. Blueface, who gained fame through his viral hit 'Thotiana', has maintained a strong presence in the hip-hop industry. This acquisition aligns with Music Licensing's strategy of investing in culturally significant and commercially successful works to generate steady royalty income.
Positive
- Acquisition of royalty-generating intellectual property in a successful track
- Passive income stream from an established song with millions of streams
- Investment in content by a recognized artist with proven market success
Negative
- control over asset as rights remain under third-party administration
Naples, FL, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG) proudly announces the acquisition of royalty-generating intellectual property stakes in "Stop Cappin", one of the standout solo hits by Blueface. The rights to the track will remain under the administration of third-party entities, and Music Licensing, Inc. will receive passive royalty payments.
Blueface rose to prominence with his viral hit "Thotiana" and has since maintained a strong presence in the hip-hop industry. "Stop Cappin", a hard-hitting track that showcases his signature delivery and unapologetic lyrics, has become a fan favorite. With millions of streams across platforms and widespread appeal, the track continues to deliver significant revenue potential.
By acquiring a stake in "Stop Cappin", Music Licensing, Inc. reaffirms its focus on investing in culturally significant and commercially successful works, ensuring a steady stream of royalty income.
Watch "Stop Cappin" by Blueface here.
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, BlueFace, The Game, 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 music rights did Music Licensing Inc (OTC: SONG) acquire in December 2023?
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