Music Licensing, Inc. (OTC: SONG) Enters Retainer Agreement with PCAOB-Registered Audit Firm for Review of Semi-Annual 2025 Financial Statements
Music Licensing, Inc. (OTC: SONG), the fifth public performance rights organization in the United States, has signed a retainer agreement with a PCAOB-registered audit firm to review its semi-annual financial statements for the period ending June 30, 2025.
The company, which controls an estimated 7.4% share of the U.S. public performance rights market, manages a catalog of over 2.5 million musical works and licenses music to major platforms including TikTok, iHeartMedia, and Triller. This audit engagement represents a strategic move towards enhancing financial transparency and maintaining PCAOB-compliant reporting standards.
The initiative follows the company's July 2, 2025 announcement regarding its commitment to annual audits and periodic financial reviews, aimed at strengthening investor confidence and supporting future capital markets activities.
Music Licensing, Inc. (OTC: SONG), la quinta organizzazione per i diritti di esecuzione pubblica negli Stati Uniti, ha stipulato un accordo di incarico con una società di revisione registrata presso il PCAOB per esaminare i suoi bilanci semestrali relativi al periodo conclusosi il 30 giugno 2025.
L'azienda, che detiene una quota stimata del 7,4% del mercato statunitense dei diritti di esecuzione pubblica, gestisce un catalogo di oltre 2,5 milioni di opere musicali e concede licenze musicali a piattaforme di rilievo come TikTok, iHeartMedia e Triller. Questo incarico di revisione rappresenta una mossa strategica volta a migliorare la trasparenza finanziaria e a mantenere standard di rendicontazione conformi al PCAOB.
L'iniziativa segue l'annuncio del 2 luglio 2025 dell'azienda riguardante il suo impegno verso revisioni contabili annuali e verifiche finanziarie periodiche, con l'obiettivo di rafforzare la fiducia degli investitori e supportare future attività nei mercati dei capitali.
Music Licensing, Inc. (OTC: SONG), la quinta organización de derechos de ejecución pública en Estados Unidos, ha firmado un acuerdo de retención con una firma de auditoría registrada en el PCAOB para revisar sus estados financieros semestrales correspondientes al período que finaliza el 30 de junio de 2025.
La empresa, que controla una participación estimada del 7,4% del mercado estadounidense de derechos de ejecución pública, administra un catálogo de más de 2,5 millones de obras musicales y licencia música a plataformas importantes como TikTok, iHeartMedia y Triller. Este compromiso de auditoría representa una estrategia para mejorar la transparencia financiera y mantener estándares de reporte conformes al PCAOB.
La iniciativa sigue al anuncio de la compañía del 2 de julio de 2025 sobre su compromiso con auditorías anuales y revisiones financieras periódicas, orientadas a fortalecer la confianza de los inversores y apoyar futuras actividades en los mercados de capitales.
Music Licensing, Inc. (OTC: SONG)은 미국에서 다섯 번째로 큰 공연권 관리 기관으로, PCAOB에 등록된 회계법인과 계약을 체결하여 2025년 6월 30일 종료되는 반기 재무제표를 검토할 예정입니다.
미국 공연권 시장의 약 7.4% 점유율을 보유한 이 회사는 250만 개 이상의 음악 작품 카탈로그를 관리하며 TikTok, iHeartMedia, Triller 등 주요 플랫폼에 음악 라이선스를 제공합니다. 이번 감사 계약은 재무 투명성을 강화하고 PCAOB 기준에 부합하는 보고를 유지하기 위한 전략적 조치입니다.
이 계획은 2025년 7월 2일 회사가 발표한 연례 감사 및 정기 재무 검토에 대한 약속에 따른 것으로, 투자자 신뢰를 높이고 향후 자본시장 활동을 지원하는 데 목적이 있습니다.
Music Licensing, Inc. (OTC : SONG), la cinquième organisation de droits de représentation publique aux États-Unis, a signé un accord de mandat avec un cabinet d'audit enregistré auprès du PCAOB pour examiner ses états financiers semestriels pour la période se terminant le 30 juin 2025.
La société, qui détient une part estimée de 7,4 % du marché américain des droits de représentation publique, gère un catalogue de plus de 2,5 millions d'œuvres musicales et accorde des licences musicales à des plateformes majeures telles que TikTok, iHeartMedia et Triller. Cette mission d'audit représente une démarche stratégique visant à renforcer la transparence financière et à maintenir des normes de reporting conformes au PCAOB.
Cette initiative fait suite à l'annonce de la société du 2 juillet 2025 concernant son engagement à réaliser des audits annuels et des revues financières périodiques, dans le but de renforcer la confiance des investisseurs et de soutenir les futures activités sur les marchés financiers.
Music Licensing, Inc. (OTC: SONG), die fünftgrößte Organisation für Aufführungsrechte in den USA, hat eine Beauftragungsvereinbarung mit einer beim PCAOB registrierten Wirtschaftsprüfungsgesellschaft unterzeichnet, um ihre halbjährlichen Finanzberichte für den Zeitraum bis zum 30. Juni 2025 zu überprüfen.
Das Unternehmen, das einen geschätzten Marktanteil von 7,4 % im US-amerikanischen Markt für Aufführungsrechte kontrolliert, verwaltet einen Katalog von über 2,5 Millionen Musikwerken und lizenziert Musik an große Plattformen wie TikTok, iHeartMedia und Triller. Dieser Prüfungsauftrag stellt einen strategischen Schritt zur Verbesserung der finanziellen Transparenz und zur Einhaltung der PCAOB-konformen Berichtsstandards dar.
Die Initiative folgt auf die Ankündigung des Unternehmens vom 2. Juli 2025 über sein Engagement für jährliche Prüfungen und regelmäßige Finanzüberprüfungen, mit dem Ziel, das Vertrauen der Investoren zu stärken und zukünftige Aktivitäten auf den Kapitalmärkten zu unterstützen.
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NAPLES, FL, July 23, 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 has officially executed a retainer agreement with a Public Company Accounting Oversight Board (PCAOB)-registered audit firm. The agreement covers the review of the Company’s semi-annual financial statements for the period ending June 30, 2025.
This engagement represents a critical milestone in the Company’s broader plan to adopt and maintain PCAOB-compliant financial reporting standards. It reflects a long-term commitment to enhancing transparency, supporting regulatory compliance, and upholding best practices in financial governance.
The formal retention of a PCAOB-registered firm follows the Company’s July 2, 2025 announcement regarding its intention to pursue annual audits and periodic reviews of financial statements. With the agreement now in place, the Company expects to proceed with the independent review process and release its semi-annual 2025 financials accordingly.
The initiative is designed to strengthen the integrity of the Company’s financial disclosures, build investor confidence, and support current and future capital markets activities.
Music Licensing, Inc. licenses music to leading platforms and businesses globally, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo. The Company holds an estimated
The Company also maintains royalty interests in Listerine “Mouthwash” Antiseptic and in a large portfolio of musical works performed by internationally recognized artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Rihanna, Lil Nas X, and others.
This step positions the Company for continued operational growth, improved transparency, and future scalability in line with public company reporting standards.
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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