Naples, FL -- February 6, 2024 -- InvestorsHub NewsWire -- Music
Licensing, Inc. (OTC:
SONG), a diversified holding company operating in the Music
industry & Financial Sector, is pleased to announce forthcoming
updates and key developments for its shareholders.
In the coming days, Music Licensing, Inc. will release its
audited financial statements for the year ending 2023, offering
transparent insight into the company's financial performance and
strategic direction.
Shareholders can anticipate significant updates on several
fronts, including:
- Licensing Enforcement and Collection Campaign
Lawsuits: The company will provide details on upcoming
legal actions as part of its robust enforcement and collection
campaign.
- Intended Acquisitions: Music Licensing, Inc.
will outline its plans for potential acquisitions aimed at
enhancing its market position and expanding its portfolio.
- Open Market Buybacks: Shareholders will
receive information regarding the company's open market buyback
program, reflecting its commitment to maximizing shareholder
value.
- Potential Arbitration Against the Government of
Jamaica: Details will be shared regarding potential
arbitration proceedings against the government of Jamaica,
underscoring the company's dedication to protecting its
interests.
- Potential Litigation Against Jamaica Stock
Exchange: Music Licensing, Inc. will provide updates on
potential litigation proceedings in federal court involving various
entities and individuals associated with the Jamaica Stock
Exchange.
- Launch of Automated Trading Program and Proprietary
Trading Subsidiary: Shareholders can expect announcements
regarding the launch of an automated trading program and the
establishment of a proprietary trading subsidiary, demonstrating
the company's focus on innovation and diversification.
- Potential Restructuring: The company will
explore the possibility of restructuring into a "Cayman Islands
segregated portfolio company," aimed at optimizing operational
efficiency and enhancing shareholder protections.
"We are excited to share these updates with our valued
shareholders," said Jake P. Noch, Chief Executive Officer of Music
Licensing, Inc. "These developments reflect our continued
commitment to driving growth, enhancing shareholder value, and
navigating legal challenges with resilience and determination."
Stay tuned for further updates from Music Licensing, Inc. (OTC:
SONG) as we continue to advance our strategic initiatives and
pursue opportunities for sustainable long-term success.
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.
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