Music Licensing, Inc. and Pro Music Rights Featured in Bloomberg News and Los Angeles Times Amid Industry Spotlight on Licensing Fees

Core Insights - Music Licensing, Inc. and its subsidiary Pro Music Rights are recognized as innovators in the music licensing industry, addressing the rising costs and complexities faced by restaurants and bars [2][3] - Pro Music Rights is positioned as a scalable, technology-driven alternative in the fragmented licensing environment, promoting transparency and accessibility [3][4] Industry Coverage - Recent articles from Bloomberg News and the Los Angeles Times highlight the operational challenges small and mid-sized businesses face due to increasing music licensing fees [3] - The coverage emphasizes the need for reform in the music licensing sector, showcasing Pro Music Rights as a solution [3] Licensing Model - Pro Music Rights has developed a modernized licensing framework that offers a flat monthly rate of $50 per location, simplifying budgeting for businesses [8] - The company employs a usage-based structure with fees capped at $0.01, ensuring fairness and eliminating arbitrary charges [8] - Clear and accessible terms are promoted to build long-term trust and compliance among clients [8] Market Position - Pro Music Rights holds an estimated 7.4% share of the U.S. performance rights market, with a catalog of over 2.5 million works, including music created with artificial intelligence [5][15] - The artist roster includes prominent names such as A$AP Rocky, Wiz Khalifa, and Pharrell, enhancing the company's market relevance [5][15] Strategic Partnerships - The catalog is licensed to major platforms like TikTok, iHeartMedia, and Vevo, reinforcing the company's strategic reach in the licensing landscape [6][14] Intellectual Property Portfolio - Music Licensing, Inc. maintains a diversified intellectual property portfolio, including royalty interests in Listerine® Mouthwash and works by globally recognized artists [9][16] - This asset mix reflects a strategic focus on acquiring and monetizing high-value intellectual property with recurring income potential [10] Regulatory Engagement - The company actively engages with the U.S. Copyright Office and industry stakeholders to advocate for reforms that enhance transparency and competitive balance in music licensing [11]