Music Licensing Inc.
SONGD·OTC·Trade & Services·CIK 0001671132
Music Licensing Inc., also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the USA. The company is recognized under the federal registry of the USA government. Music Licensing Inc. licenses music to various prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo.
Pro Music Rights holds an estimated 7.4% market share in the United States. Its catalog includes over 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, and Lil Uzi Vert, as well as works generated by artificial intelligence (AI). Additionally, Music Licensing Inc. 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, and Rihanna.
The company's core business functions involve representing songwriters, composers, and music publishers, and issuing public performance licenses to a wide range of entities. These target markets and venues include television and radio stations, internet/streaming services and mobile technologies, satellite audio services, nightclubs, restaurants, bars, and various other venues. Music Licensing Inc. was founded in 2018 and is headquartered in Naples, Florida.
Sources:
[1] https://www.otcmarkets.com/stock/SONG/overview
[2] https://promusicrights.com/news/striking-the-right-chord-how-music-licensing-inc-turns-royalties-into-revenue/965735906032018021749
[3] https://www.newsfilecorp.com/release/296848/Music-Licensing-Inc.-SONG-Pro-Music-Rights-Announces-Strategic-Transformation-Formation-of-Special-Purpose-Vehicle-to-Securitize-Licensee-Agreements-Copyright-Infringement-Claims-and-Litigation-Portfolio-Targeting-Listings-on-International-
[4] https://www.stocktitan.net/news/SONGD/
[5] https://finance.biggo.com/quote/SONGD/profile
[6] https://seekingalpha.com/symbol/SONG
[7] https://simplywall.st/stocks/us/media/otc-song/music-licensing