Music Licensing, Inc. Announces Official Submission of OTCID Basic Market Application
Music Licensing Inc. (OTC:SONG), also known as Pro Music Rights, has officially submitted its application for the new OTCID Basic Market qualification with OTC Markets Group. This new market tier replaces the Pink Current Information tier and establishes baseline standards for disclosure and compliance.
The company's application demonstrates its commitment to maintaining transparency through public company disclosure practices, including authorizing transfer agent verification of share structure data and maintaining an updated public profile in accordance with the new requirements.
Music Licensing Inc. (OTC:SONG), nota anche come Pro Music Rights, ha ufficialmente presentato la sua domanda per la qualificazione al nuovo mercato OTCID Basic Market presso OTC Markets Group. Questa nuova categoria di mercato sostituisce il livello Pink Current Information e stabilisce standard minimi per la trasparenza e la conformità.
La domanda dell'azienda dimostra il suo impegno a mantenere la trasparenza attraverso pratiche di divulgazione da parte di società pubbliche, inclusa l'autorizzazione alla verifica della struttura azionaria da parte dell'agente di trasferimento e il mantenimento di un profilo pubblico aggiornato in conformità con i nuovi requisiti.
Music Licensing Inc. (OTC:SONG), también conocida como Pro Music Rights, ha presentado oficialmente su solicitud para la nueva calificación OTCID Basic Market con OTC Markets Group. Este nuevo nivel de mercado reemplaza el nivel Pink Current Information y establece estándares básicos para la divulgación y el cumplimiento.
La solicitud de la empresa demuestra su compromiso con mantener la transparencia mediante prácticas de divulgación de empresas públicas, incluyendo la autorización para que el agente de transferencia verifique los datos de la estructura accionaria y el mantenimiento de un perfil público actualizado conforme a los nuevos requisitos.
Music Licensing Inc. (OTC:SONG), 프로 뮤직 라이츠(Pro Music Rights)로도 알려진 이 회사는 OTC Markets Group에 새로운 OTCID Basic Market 자격 신청서를 공식 제출했습니다. 이 새로운 시장 등급은 Pink Current Information 등급을 대체하며 공개 및 준수에 대한 기본 기준을 설정합니다.
회사의 신청서는 주식 구조 데이터의 이전 대리인 확인 권한 부여와 새로운 요구 사항에 따라 업데이트된 공개 프로필 유지 등 공시 관행을 통해 투명성 유지에 대한 의지를 보여줍니다.
Music Licensing Inc. (OTC:SONG), également connue sous le nom de Pro Music Rights, a officiellement soumis sa demande de qualification pour le nouveau marché OTCID Basic Market auprès d'OTC Markets Group. Ce nouveau niveau de marché remplace le niveau Pink Current Information et établit des normes minimales en matière de divulgation et de conformité.
La demande de la société témoigne de son engagement à maintenir la transparence grâce à des pratiques de divulgation des entreprises publiques, notamment en autorisant la vérification de la structure des actions par l'agent de transfert et en maintenant un profil public à jour conformément aux nouvelles exigences.
Music Licensing Inc. (OTC:SONG), auch bekannt als Pro Music Rights, hat offiziell seinen Antrag für die neue OTCID Basic Market-Qualifikation bei der OTC Markets Group eingereicht. Diese neue Marktkategorie ersetzt die Pink Current Information-Stufe und legt Mindeststandards für Offenlegung und Compliance fest.
Der Antrag des Unternehmens zeigt sein Engagement für Transparenz durch Offenlegungspraktiken von börsennotierten Unternehmen, einschließlich der Genehmigung der Überprüfung der Aktienstruktur durch den Transferagenten und der Pflege eines aktuellen öffentlichen Profils gemäß den neuen Anforderungen.
- Company pursuing enhanced market status through OTCID Basic Market application
- Commitment to increased transparency and regulatory compliance
- Authorized transfer agent verification of share structure data
- Moving from Pink tier to Basic Market status does not represent a major market upgrade
NAPLES, FL, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, announced today that it has officially submitted its application for qualification under the newly established OTCID Basic Market structure by OTC Markets Group. This step follows the company’s previously announced intention to seek OTCID Basic Market status to further its commitment to regulatory compliance, corporate transparency, and enhanced investor engagement.
The OTCID Basic Market replaces the Pink Current Information tier, providing a framework that distinguishes issuers meeting baseline disclosure and compliance standards. By submitting its application, Music Licensing, Inc. demonstrates its commitment to maintaining best practices in public company disclosure, including authorizing the transfer agent to verify share structure data and keeping an up-to-date public profile as required by the new standards.
"Submitting the OTCID Basic Market application reflects our mission of transparency and accountability to our investors, partners, and the wider market," said a company spokesperson for Music Licensing, Inc. "We remain focused on responsible public company practices and maximizing long-term value for our stakeholders."
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
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
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