Music Licensing, Inc. (OTC: SONG) Announces Plans to Engage PCAOB-Registered Audit Firm for Annual Audits and Future Financial Statement Reviews
Music Licensing, Inc. (OTC: SONG), the fifth public performance rights organization in the United States, has announced plans to engage a PCAOB-registered audit firm for annual audits and financial statement reviews. The company, which holds an estimated 7.4% share of the U.S. public performance rights market, aims to enhance financial transparency and corporate governance.
SONG licenses music to major platforms including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo. Their catalog includes over 2.5 million musical works from artists like A$AP Rocky, Pharrell, and The Weeknd, including AI-created works. The company also maintains royalty interests in Listerine Mouthwash.
Music Licensing, Inc. (OTC: SONG), la quinta organizzazione per i diritti di esecuzione pubblica negli Stati Uniti, ha annunciato l'intenzione di affidarsi a una società di revisione contabile registrata presso il PCAOB per audit annuali e revisioni dei bilanci. L'azienda, che detiene una quota stimata del 7,4% del mercato statunitense dei diritti di esecuzione pubblica, punta a migliorare la trasparenza finanziaria e la governance aziendale.
SONG concede licenze musicali a grandi piattaforme come TikTok, iHeartMedia, Triller, Napster, 7Digital e Vevo. Il loro catalogo comprende oltre 2,5 milioni di opere musicali di artisti come A$AP Rocky, Pharrell e The Weeknd, incluse opere create con intelligenza artificiale. L'azienda detiene inoltre interessi sulle royalty di Listerine Mouthwash.
Music Licensing, Inc. (OTC: SONG), la quinta organización de derechos de ejecución pública en Estados Unidos, ha anunciado planes para contratar a una firma auditora registrada en el PCAOB para auditorías anuales y revisiones de estados financieros. La compañía, que posee aproximadamente un 7,4% del mercado estadounidense de derechos de ejecución pública, busca mejorar la transparencia financiera y el gobierno corporativo.
SONG licencia música a plataformas importantes como TikTok, iHeartMedia, Triller, Napster, 7Digital y Vevo. Su catálogo incluye más de 2,5 millones de obras musicales de artistas como A$AP Rocky, Pharrell y The Weeknd, incluyendo obras creadas por inteligencia artificial. La empresa también mantiene intereses en regalías de Listerine Mouthwash.
Music Licensing, Inc. (OTC: SONG)은 미국에서 다섯 번째로 큰 공연권 단체로, 연례 감사 및 재무제표 검토를 위해 PCAOB에 등록된 회계법인과 협력할 계획을 발표했습니다. 이 회사는 미국 공연권 시장의 약 7.4%를 점유하고 있으며, 재무 투명성과 기업 거버넌스를 강화하는 것을 목표로 하고 있습니다.
SONG은 TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo 등 주요 플랫폼에 음악 라이선스를 제공합니다. 그들의 카탈로그에는 A$AP Rocky, Pharrell, The Weeknd 등 아티스트의 250만 곡 이상의 음악 작품이 포함되어 있으며, AI가 제작한 작품도 포함되어 있습니다. 또한 이 회사는 Listerine 구강청결제의 로열티 권리도 보유하고 있습니다.
Music Licensing, Inc. (OTC : SONG), la cinquième organisation de droits de représentation publique aux États-Unis, a annoncé son intention de faire appel à un cabinet d’audit enregistré auprès du PCAOB pour des audits annuels et des examens des états financiers. L’entreprise, qui détient une part estimée de 7,4 % du marché américain des droits de représentation publique, vise à renforcer la transparence financière et la gouvernance d’entreprise.
SONG accorde des licences musicales à des plateformes majeures telles que TikTok, iHeartMedia, Triller, Napster, 7Digital et Vevo. Leur catalogue comprend plus de 2,5 millions d’œuvres musicales d’artistes comme A$AP Rocky, Pharrell et The Weeknd, y compris des œuvres créées par intelligence artificielle. L’entreprise détient également des intérêts dans les redevances de Listerine Mouthwash.
Music Licensing, Inc. (OTC: SONG), die fünftgrößte öffentliche Aufführungsrechte-Organisation in den USA, hat Pläne angekündigt, eine PCAOB-registrierte Wirtschaftsprüfungsgesellschaft für Jahresabschlüsse und Finanzprüfungen zu beauftragen. Das Unternehmen, das einen geschätzten Marktanteil von 7,4 % am US-Markt für öffentliche Aufführungsrechte hält, möchte die finanzielle Transparenz und Corporate Governance verbessern.
SONG lizenziert Musik an große Plattformen wie TikTok, iHeartMedia, Triller, Napster, 7Digital und Vevo. Ihr Katalog umfasst über 2,5 Millionen Musikwerke von Künstlern wie A$AP Rocky, Pharrell und The Weeknd, darunter auch KI-erstellte Werke. Das Unternehmen hält außerdem Lizenzrechte an Listerine Mundspülung.
- Initiative to strengthen financial reporting infrastructure and transparency
- Holds 7.4% market share in U.S. public performance rights
- Diverse portfolio of 2.5 million musical works from major artists
- Established licensing agreements with leading platforms
- Currently lacks PCAOB-registered auditor oversight
- Final auditor selection not yet completed
NAPLES, FL, July 02, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced that it is actively pursuing the engagement of a Public Company Accounting Oversight Board (PCAOB)-registered audit firm to conduct annual audits and provide ongoing reviews of its financial statements.
This initiative marks a significant step in strengthening the company’s financial reporting infrastructure and reinforces its long-term commitment to transparency, regulatory compliance, and best practices in corporate governance. The company believes that the engagement of a PCAOB-registered firm will provide independent assurance regarding the accuracy and completeness of its financial disclosures, while supporting future strategic and capital markets initiatives.
By establishing an annual audit process under PCAOB standards, the company aims to enhance investor confidence, meet the expectations of institutional stakeholders, and better position itself for continued growth.
Music Licensing, Inc. licenses music to many of the world’s leading platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo. The company holds an estimated
In addition, the company maintains royalty interests in Listerine “Mouthwash” Antiseptic and an extensive portfolio of musical works by internationally acclaimed artists including The Weeknd, Justin Bieber, Kanye West, Elton John, Rihanna, Lil Nas X, and more.
Further details will be announced as the company finalizes its selection of an independent PCAOB-registered auditor.
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
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