Music Licensing, Inc. Announces Intention to Apply for OTCID Basic Market Qualification
MWN-AI** Summary
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, has announced its plan to apply for OTCID Basic Market qualification as part of its commitment to transparency and regulatory compliance. The new OTCID Basic Market structure, introduced by OTC Markets Group, aims to differentiate companies that meet specific disclosure standards from those that do not. To qualify, companies must adhere to requirements reminiscent of the earlier Pink Current Information tier, which includes submitting an annual Management Certification and keeping an updated profile on OTC Markets.
By pursuing this status, Music Licensing underscores its focus on corporate transparency and its intention to maintain its eligibility under SEC Rule 15c2-11. The company believes that this move will enhance its relationship with shareholders and the market at large.
As the fifth U.S. public performance rights organization, Music Licensing, Inc. licenses music for various major platforms, including TikTok, iHeartMedia, Triller, and Vevo. The company holds an estimated 7.4% market share in the U.S., representing over 2.5 million musical works, including those by popular artists such as A$AP Rocky, Wiz Khalifa, and Pharrell Williams. Additionally, Music Licensing has royalty interests in the Listerine® brand and a vast collection of works from globally recognized figures like The Weeknd and Justin Bieber.
With this application for OTCID Basic Market qualification, Music Licensing, Inc. is proactively committing to responsible public practices and added value for its investors, aiming to solidify its standing in the music licensing landscape while ensuring robust engagement with its stakeholders.
MWN-AI** Analysis
Music Licensing, Inc. (OTC: SONG) has recently announced its intention to apply for OTCID Basic Market qualification, marking a significant move toward enhanced transparency and regulatory compliance. This transition comes in response to the newly introduced OTCID Basic Market structure and is an important step for the company in distinguishing itself from less compliant companies in the OTC market.
From a market perspective, this announcement signifies that Music Licensing is seriously prioritizing its relationship with investors by adhering to higher disclosure standards. By pursuing this qualification, the company aims to maintain eligibility under SEC Rule 15c2-11, which is likely to bolster confidence among investors. This proactive step toward transparency can be interpreted as a commitment to responsible governance that could enhance the company’s market appeal.
Moreover, Music Licensing, Inc. holds a robust portfolio, comprising 7.4% of the U.S. music licensing market, significantly surrounding major platforms such as TikTok and iHeartMedia. The company boasts a vast catalog of over 2.5 million works from notable artists, which positions it well in the rapidly evolving digital music landscape. The growing trend of music consumption and licensing through digital platforms is expected to continue driving revenues.
Investors should consider the potential for long-term value creation, especially given the company’s initiatives toward regulatory compliance combined with its diverse portfolio of high-profile music rights. However, as with any investment, it is crucial to weigh the inherent risks associated with the market and the challenges within the broader music industry. A thorough analysis of music trends, platform relationships, and competitive positioning will be critical as Music Licensing continues to evolve. Seeking guidance from financial advisors is recommended for tailored investment decisions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NAPLES, FL, June 24, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, today announced its intention to apply for qualification under the new OTCID Basic Market structure introduced by OTC Markets Group. The company expects to submit its application in the coming days as part of its ongoing commitment to transparency, regulatory compliance, and enhanced engagement with the investor community.
The OTCID Basic Market replaces the Pink Current Information tier and is designed to distinguish companies that provide baseline, reliable disclosure from those that do not. To qualify, issuers must meet disclosure standards similar to previous Pink Current Information requirements while also filing an annual Management Certification or 12g3-2(b) Certification , maintaining an up-to-date profile on www.otcmarkets.com , and authorizing their transfer agent to confirm share structure data directly with OTC Markets.
By pursuing OTCID Basic Market status, Music Licensing, Inc. reaffirms its dedication to corporate transparency and intends to maintain eligibility under SEC Rule 15c2-11. The company views this transition as a proactive step toward better serving its shareholders and the broader market..
Music Licensing, Inc. (OTC: SONG) is 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 United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.
Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A 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, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others—including works generated by artificial intelligence (AI).
Additionally, Music Licensing, Inc. holds royalty interests in the iconic Listerine® “Mouthwash” Antiseptic brand as well as a vast portfolio of musical works by globally recognized artists such as 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 , Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.
With the upcoming OTCID application, Music Licensing, Inc. continues to prioritize responsible public company practices and value creation for its investors.
About Music Licensing, Inc. (OTC: SONG) ( ProMusicRights.com )
About Music Licensing, Inc. (OTC:SONG) ( ProMusicRights.com )
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights , is 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 United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.
Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A 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, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).
Additionally, Music Licensing, Inc. (OTC: SONG) 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, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla , Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many 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
FAQ**
How does Music Licensing, Inc. (OTC: SONG) plan to leverage its 7.4% market share in the U.S. to compete with larger public performance rights organizations, and what initiatives are being implemented under the "SONGD" strategy to enhance growth?
What specific changes to corporate governance and transparency can investors expect from Music Licensing, Inc. after applying for OTCID Basic Market status, and how does the "SONGD" approach better align with shareholder interests?
Given the competitive landscape of music licensing and the notable artists in its catalog, what are Music Licensing, Inc.'s (OTC: SONG) growth projections for the next few years, especially relating to the future evolution of the "SONGD" strategy?
How does Music Licensing, Inc. plan to address potential risks associated with its forward-looking statements, particularly concerning market conditions and regulatory compliance, under the "SONGD" framework for investor communication?
**MWN-AI FAQ is based on asking OpenAI questions about Music Licensing Inc Com (OTC: SONG).
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