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Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, generates a steady flow of news related to music rights, public performance licensing, and royalty-focused intellectual property. As a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, it regularly issues updates on licensing activity, regulatory engagement, legal matters, and public company developments.
News about Music Licensing, Inc. often highlights its catalog and market presence. The company reports an estimated 7.4% share of the U.S. public performance rights market and a catalog of more than 2.5 million works, including compositions by well-known artists and AI-generated music. Coverage also addresses its licensing relationships with platforms such as TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo, reflecting how its rights are used across digital and broadcast environments.
Investors and industry observers can expect updates on topics such as applications and uplistings within the OTC Markets framework, engagements with PCAOB-registered audit firms, and corporate communications about transparency and governance. The company also releases news on legal actions, including court judgments and potential antitrust or defamation claims it is evaluating in response to conduct it views as harmful to its business and creators.
For those following the evolution of the music licensing landscape, the SONG news stream provides insight into how an independent PRO and royalty holding company positions itself within a market historically dominated by legacy organizations. Regular news items document the company’s policy submissions, public statements, and operational milestones, offering context for both its stock and its role in the broader music rights ecosystem.
Music Licensing has acquired intellectual property rights for Rihanna's hit song 'Goodnight Gotham'. This acquisition is expected to generate consistent revenue through various platforms like streaming services and media outlets. The move strengthens the company's portfolio with assets from a high-profile artist, potentially boosting its market position and financial growth.
Music Licensing (OTC: SONGD) has announced the receipt of its third royalty payment from its stake in the Listerine 'Mouthwash' brand. This event highlights the company's successful diversification strategy within its investment portfolio. By leveraging its industry expertise and strategic foresight, Music Licensing has ensured a stable revenue stream that benefits its shareholders.
The consistent royalty payments from Listerine exemplify the company's commitment to generating reliable income through strategic investments. This marks a significant milestone for Music Licensing as it continues to innovate and diversify its revenue sources.
Music Licensing, Inc. (OTC Pink: SONGD) announced a 1-for-500,000 reverse stock split, effective May 20, 2024, reducing its outstanding common shares to approximately 6,004. The stock is expected to open at $100 per share based on the May 17, 2024 closing price. The company will temporarily trade under the ticker SONGD for about 20 days. Fractional shareholders will receive cash payments. The company also plans a long-term buyback program and aims to reduce its number of authorized shares, pending board approval. The CUSIP has changed to 67075W207.
Music Licensing's subsidiary, Pro Music Rights, has secured a final judgment of $114,081.30 USD, emphasizing the enforceability of its licensing agreements. This marks an important milestone in their campaign to protect artists' rights. The judgment carries an interest rate of 9.09% annually. Music Licensing plans to allocate 25% of the net recoverable funds towards a stock buyback program, enhancing shareholder value. The company is also completing a pending stock consolidation with FINRA and aims to retain a broker-dealer for the buyback initiative. CEO Jake P. Noch expressed satisfaction with the judgment and the strategic steps being taken to benefit shareholders and content creators.
Music Licensing, Inc. (SONG) announces the receipt of its second royalty payments from iconic artists like Elton John, Miley Cyrus, Lil Wayne, and others. The consistent revenue streams showcase the enduring appeal and commercial value of their music, driving revenue growth for the company.
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