Music Licensing, Inc. Announces Entry of Final Default Judgment Totaling $187,624.95 USD Plus Interest
Globenewswire·2025-06-18 17:09

Core Points - Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, has received a Final Default Judgment in its favor amounting to $187,624.95 USD [2][3] - The judgment will accrue interest at a rate of 9.15% per annum until fully paid, reflecting the company's commitment to enforcing its legal rights and protecting its intellectual property [3] - Music Licensing, Inc. is recognized as the fifth public performance rights organization in the United States, licensing music to major platforms such as TikTok, iHeartMedia, and Vevo [6] Company Overview - Music Licensing, Inc. holds an estimated 7.4% market share in the U.S. music licensing industry, with a catalog of over 2.5 million works from notable artists [7] - The company has royalty interests in various well-known musical works, including those by The Weeknd, Justin Bieber, and Kanye West, among others [9]

Music Licensing, Inc. Announces Entry of Final Default Judgment Totaling $187,624.95 USD Plus Interest - Reportify