Music Licensing, Inc. (OTC: SONG) Highlights Milestones and Market Impact in 2023 Year-End Audit
Naples Florida, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), operating under the brand Pro Music Rights, proudly announces significant achievements and market impact as revealed in its 2023 year-end audit, scheduled for completion today.
As the fifth public performance rights organization (PRO) established in the United States, Music Licensing, Inc. has rapidly solidified its position as a leading force in the industry. Our extensive licensee network includes prominent entities such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others, reflecting the trust and recognition garnered by Pro Music Rights.
With an estimated market share of 7.4% in the United States, Music Licensing, Inc. represents over 2,500,000 works, showcasing a diverse catalog featuring renowned artists from various genres. Notable names such as A$AP Rocky, Wiz Khalifa, Pharrell, and Young Jeezy, among others, contribute to our rich portfolio, alongside emerging talents and Artificial Intelligence (A.I.) Created Music.
Furthermore, Music Licensing, Inc. (OTC: SONG) proudly holds royalty stakes in musical works by iconic figures including Elton John, Lil Nas X, Miley Cyrus, and Lil Wayne, reinforcing our commitment to supporting both established and emerging artists.
"We are thrilled to unveil the results of our 2023 year-end audit, which underscore Music Licensing, Inc.'s significant growth and impact within the industry," said Jake P. Noch, Chief Executive Officer at Music Licensing, Inc. "Our robust portfolio, diverse licensee base, and strategic partnerships position us for continued success in the dynamic landscape of music licensing and performance rights."
The completion of the 2023 year-end audit marks a pivotal moment for Music Licensing, Inc., as it aims to showcase its financial performance and strategic positioning in the market. The company anticipates that these results will shed light on its true value proposition and highlight potential opportunities for growth and investment.
About Music Licensing, Inc. (OTC: SONG) ( ProMusicRights.com )
Music Licensing, Inc. (OTC: SONG) a diversified holding company, also known as Pro Music Rights, is the 5th public performance rights organization (PRO) to be formed in the United States. Its licensees include notable companies such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated market share of 7.4% in the United States, representing over 2,500,000 works that feature notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sause 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 countless others, as well as Artificial Intelligence (A.I.) Created Music. Additionally, Music Licensing, Inc. (OTC: SONG) owns royalty stakes in musical works by artists such as Elton John, Lil Nas X, Miley Cyrus, Lil Wayne, XXXTentacion, Halsey, 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.
© Copyright Globe Newswire, Inc. All rights reserved. The information contained in this news report may not be published, broadcast or otherwise distributed without the prior written authority of Globe Newswire, Inc.
