Music Licensing, Inc. Announces Intention to Apply for OTCID Basic Market Qualification

Core Viewpoint - Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is applying for qualification under the new OTCID Basic Market structure to enhance transparency and regulatory compliance while engaging with the investor community [2][4]. Group 1: Company Overview - Music Licensing, Inc. is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, recognized under the federal registry [5][11]. - The company licenses music to major platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo [5][11]. Group 2: Market Position - Pro Music Rights holds an estimated 7.4% market share in the United States, with a catalog of over 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, and Pharrell [6][12]. - The company also holds royalty interests in the Listerine® "Mouthwash" Antiseptic brand and a vast portfolio of works by globally recognized artists like The Weeknd, Justin Bieber, and Rihanna [7][13]. Group 3: Regulatory Compliance and Future Plans - By pursuing OTCID Basic Market status, the company reaffirms its commitment to corporate transparency and aims to maintain eligibility under SEC Rule 15c2-11 [4][8]. - The transition to OTCID Basic Market is viewed as a proactive step to better serve shareholders and the broader market [4][8].