Music Licensing, Inc. Announces Entry of Final Default Judgment Totaling $187,624.95 USD Plus Interest

Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) has secured a significant legal victory with a Final Default Judgment of $187,624.95 USD in Collier County, Florida. The judgment, which will accrue interest at 9.15% per annum until fully paid, demonstrates the company's dedication to protecting its intellectual property rights and enforcing contractual obligations. This legal outcome reinforces Music Licensing's commitment to pursuing appropriate legal remedies when parties fail to meet their obligations to the company.

Positive

• Secured a favorable judgment of $187,624.95 USD plus 9.15% annual interest
• Demonstrates successful enforcement of intellectual property rights and contractual obligations
• Shows company's ability to protect its assets through legal channels

Negative

• Collection of the judgment amount is not guaranteed
• Legal proceedings may require additional time and resources to enforce payment

 

NAPLES, FL, June 18, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, announces the entry of a Final Default Judgment in its favor in the amount of $187,624.95 USD, as reflected in a recent court filing in Collier County, Florida.

This judgment accrues interest at a rate of 9.15% per annum until paid in full, as mandated by applicable law. The judgment reflects Music Licensing, Inc.’s continued commitment to enforcing its legal rights and protecting the value of its intellectual property assets and contractual obligations.

This outcome underscores Music Licensing, Inc.’s resolve in pursuing remedies through all appropriate legal avenues when obligations to the company remain unfulfilled.

About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

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) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million 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 many others, including works generated by artificial intelligence (AI).

Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including 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 many 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 is the amount of the default judgment awarded to Music Licensing Inc (SONG)?

Music Licensing Inc was awarded a Final Default Judgment of $187,624.95 USD plus 9.15% annual interest.

Where was the default judgment for Music Licensing Inc (SONG) filed?

The default judgment was filed in Collier County, Florida.

What interest rate will apply to Music Licensing Inc's (SONG) judgment amount?

The judgment will accrue interest at a rate of 9.15% per annum until paid in full.

What does the default judgment mean for Music Licensing Inc (SONG)?

The judgment demonstrates the company's ability to enforce its legal rights and protect its intellectual property assets and contractual obligations through legal channels.