Music Licensing, Inc. (OTC: SONG) Enhances Portfolio with Strategic Acquisition of "Peaceful World" Royalties
Rhea-AI Summary
Music Licensing, Inc. (OTC: SONG) has announced the strategic acquisition of royalty rights to the hit song 'Peaceful World' by Honcho Da Savage featuring Lil Tracy and Yung Bans. This move diversifies the company's portfolio and aligns with contemporary music trends. CEO Jake P. Noch emphasized the focus on quality and potential in their acquisition strategy. The company expects this addition to contribute positively to revenue streams and support its mission of delivering sustained financial growth and shareholder value. This acquisition underscores Music Licensing, Inc.'s commitment to leveraging industry expertise in music royalty management and its role in promoting and preserving the art of music.
Positive
- Acquisition of royalty rights to a popular song 'Peaceful World'
- Diversification of the company's portfolio with contemporary music
- Expected positive contribution to revenue streams
- Alignment with the company's strategy for sustained financial growth
Negative
- None.
Naples, FL, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a leader in the music rights sector and a trusted name in the acquisition and management of music royalties, is thrilled to announce its latest strategic asset acquisition. The company has successfully secured the royalty rights to the hit song "Peaceful World" by Honcho Da Savage featuring Lil Tracy and Yung Bans. This acquisition not only diversifies Music Licensing, Inc.’s robust portfolio but also solidifies its position in the industry by aligning with contemporary music trends and artists who are shaping the future of music.
"Peaceful World" has captured the hearts of millions with its unique blend of dynamic rhythms and compelling lyrics, making it a standout addition to our expanding collection of influential music royalties. By investing in such culturally significant works, Music Licensing, Inc. reaffirms its commitment to enhancing shareholder value through strategic, thoughtful acquisitions.
"Our approach has always been to focus on quality and potential," said Jake P. Noch, CEO of Music Licensing, Inc. "Acquiring the royalties of 'Peaceful World' aligns perfectly with our strategy to invest in music that not only has a proven track record of performance but also possesses the potential for continued popularity and relevance."
This acquisition is expected to contribute positively to Music Licensing, Inc.’s revenue streams and support its mission of delivering sustained financial growth and shareholder value. It underscores the company's dedication to leveraging industry expertise to identify and capitalize on opportunities in music royalty management.
Shareholders and music enthusiasts alike can watch the official music video for "Peaceful World" by Honcho Da Savage featuring Lil Tracy and Yung Bans here. This acquisition serves as a testament to Music Licensing, Inc.'s commitment to both its financial goals and its role in promoting and preserving the art of music.
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, 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
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