Music Licensing, Inc. (OTC: SONG) Owner of Pro Music Rights One of the World’s Largest Music Licensing Companies, Announces That It will explore a forward stock split

Rhea-AI Summary

Music Licensing, Inc. (OTC: SONG) announced plans to explore a Forward Stock Split following the filing of a new Form 211 with FINRA. This move aims to restore the company's proprietary quote eligibility, enhancing its operational capabilities. The firm is recognized for owning Pro Music Rights, a leading music licensing entity, which holds a 7.4% market share in the U.S. and licenses music to major platforms like TikTok and iHeart Media.

Positive

• Exploring a Forward Stock Split to improve shareholder value.
• Pro Music Rights controls a 7.4% market share in the U.S. music licensing sector.

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• None.

Naples, Florida, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), Owner of Pro Music Rights One of the Worlds Largest Music Licensing Companies, announces that it will explore a Forward Stock Split after a new Form 211 is filed with FINRA. Music Licensing, Inc. (OTC: SONG) is currently working on an application with a Broker Dealer to get a new Form 211 filed with FINRA to restore Music Licensing, Inc. (OTC: SONG) Proprietary Quote Eligibility.  

About Pro Music Rights, Inc. (ProMusicRights.com) 

Pro Music Rights the 5th public performance rights organization (PRO) ever formed in the United States. Its licensees include notable companies like TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and hundreds of others. Pro Music Rights controls an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBaggYo, Larry June, Trae Pound, Sause Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, 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, Fall Out Boy, and countless others. For more information, please visit promusicrights.com. 

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.

Contact:
investors@ProMusicRights.com

SOURCE: Music Licensing, Inc.

FAQ

What is Music Licensing, Inc.'s plan regarding a Forward Stock Split?

Music Licensing, Inc. plans to explore a Forward Stock Split after filing a new Form 211 with FINRA.

How will the new Form 211 affect Music Licensing, Inc.?

The new Form 211 aims to restore the company's proprietary quote eligibility, potentially enhancing its market presence.

What market share does Pro Music Rights hold?

Pro Music Rights holds an estimated 7.4% market share in the U.S. music licensing industry.

Which companies license music from Pro Music Rights?

Pro Music Rights licenses music to notable companies including TikTok, iHeart Media, and Triller.