Company Description
Music Licensing, Inc. (traded under the symbol SONGD in this context and referenced in recent disclosures as OTC: SONG or OTCID: SONG) is a publicly traded company that focuses on music rights and royalties. The company is also known as Pro Music Rights (PMR) and describes itself as 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 U.S. government.
Through Pro Music Rights, Music Licensing, Inc. licenses music to prominent platforms and businesses. These include TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and other distribution and media outlets referenced in its public statements. The company reports that Pro Music Rights holds an estimated 7.4% share of the U.S. public performance rights market and administers a catalog of more than 2.5 million musical works, including works generated with the use of artificial intelligence (AI).
The catalog represented by Pro Music Rights includes works by a large number of well-known recording artists. Public materials list artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others.
In addition to its performance rights activities, Music Licensing, Inc. states that it holds royalty interests in Listerine "Mouthwash" Antiseptic and in a large portfolio of musical works performed by internationally recognized artists. These include 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 others.
Company communications describe Pro Music Rights as offering a licensing model for users such as restaurants, bars, and other businesses that play music publicly. In public responses to industry coverage and to a U.S. Copyright Office inquiry, Pro Music Rights outlines a structure that includes a flat monthly base fee per location and a usage-based fee that is capped at a stated rate per unit of usage, applied only to the fractional share of compositions represented by PMR. The company presents this as a transparent framework intended to align fees with actual usage.
Music Licensing, Inc. and Pro Music Rights have also emphasized their participation in policy and regulatory discussions. They have submitted detailed responses to a U.S. Copyright Office Notice of Inquiry addressing the functioning of performing rights organizations and have publicly commented on what they describe as anti-competitive behavior by legacy PROs. In these materials, the company advocates for reforms focused on financial transparency, standardized licensing frameworks, and limitations on practices it characterizes as blacklisting or restrictive.
Public statements further indicate that Music Licensing, Inc. is engaged in efforts to align its financial reporting with standards associated with Public Company Accounting Oversight Board (PCAOB)–registered audit firms. The company has announced plans and agreements for reviews of semi-annual financial statements and has linked these steps to a broader objective of enhancing transparency and corporate governance in connection with its trading status on OTC Markets Group tiers such as the OTCID Basic Market and OTC ID Market Tier.
Alongside its operational and regulatory activities, Music Licensing, Inc. has reported legal actions and judgments related to enforcement of its contractual and intellectual property rights. The company has highlighted court judgments in its favor and has discussed the potential pursuit of additional legal remedies, including defamation and antitrust claims, in response to what it characterizes as misrepresentations or coordinated efforts by industry participants and lobbying groups.
Overall, Music Licensing, Inc. presents itself as a music rights and royalty-focused holding company operating through Pro Music Rights as a U.S. performance rights organization. Its public materials emphasize its estimated market share in U.S. public performance rights, its catalog of millions of works by widely recognized artists, its royalty interests in non-music consumer brands and additional musical catalogs, and its participation in regulatory, legal, and market-structure debates affecting the music licensing ecosystem.
Stock Performance
Music Licensing (SONGD) stock last traded at $4.93. Over the past 12 months, the stock has gained 265.2%.
Latest News
Music Licensing has 10 recent news articles. Of the recent coverage, 0 articles coincided with positive price movement and 10 with negative movement. View all SONGD news →