Core Points - Music Licensing, Inc. has uplisted to the OTC ID Market Tier of OTC Markets Group, enhancing its visibility and compliance in public markets [2][3] - The uplisting is seen as a significant milestone for the company, aimed at expanding its shareholder base and improving liquidity [4] - The company holds a 7.4% market share in the U.S. music licensing industry, with a catalog of over 2.5 million works from notable artists [7] - Music Licensing, Inc. also has royalty interests in various well-known musical works and brands, further diversifying its portfolio [8] Company Overview - Music Licensing, Inc. is recognized as the fifth public performance rights organization in the U.S. and licenses music to major platforms like TikTok and iHeartMedia [6] - The company is committed to long-term value creation and strong corporate governance, as stated by its spokesperson [4] Market Position - The company’s catalog includes works from prominent artists such as The Weeknd, Justin Bieber, and Kanye West, indicating a strong presence in the music industry [8] - The uplisting to OTC ID is expected to support the company's growth strategy, including acquisitions and enforcement of royalty rights [4]

Naples, FL, Aug. 27, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTCID: SONG) (the “Company”), a diversified music rights and royalty holding company, today announced that it has officially uplisted to the OTC ID Market Tier of OTC Markets Group. The uplisting reflects the Company’s ongoing commitment to transparency, compliance, and enhanced visibility within the public markets. Placement on OTC ID improves investor access to current information, builds confidence in disclosures, and supports a more e ...

Core Points - Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, has submitted its application for qualification under the new OTCID Basic Market structure, aiming to enhance regulatory compliance and corporate transparency [2][3] - The OTCID Basic Market replaces the Pink Current Information tier, establishing a framework for issuers that meet baseline disclosure and compliance standards [3] - The company emphasizes its commitment to transparency and accountability to investors and stakeholders, focusing on responsible public company practices [4] Company Overview - Music Licensing, Inc. is a diversified holding company and the fifth public performance rights organization (PRO) in the United States, recognized under the federal registry [7] - The company licenses music to major platforms and businesses, including TikTok, iHeartMedia, and Vevo, holding an estimated 7.4% market share in the U.S. with a catalog of over 2.5 million works [8] - The company also holds royalty interests in various well-known musical works by globally recognized artists, including The Weeknd, Justin Bieber, and Rihanna [9]

Core Insights - Music Licensing, Inc. has executed a retainer agreement with a PCAOB-registered audit firm for the review of its semi-annual financial statements for the period ending June 30, 2025 [2][4] - This engagement marks a significant step in the company's plan to adopt PCAOB-compliant financial reporting standards, enhancing transparency and regulatory compliance [3][5] - The company holds an estimated 7.4% share of the U.S. public performance rights market and manages a catalog of over 2.5 million musical works [6][11] Company Developments - The formal retention of the PCAOB-registered firm follows the company's announcement on July 2, 2025, regarding its intention to pursue annual audits and periodic reviews of financial statements [4] - The initiative aims to strengthen the integrity of the company's financial disclosures and build investor confidence [5][7] - Music Licensing, Inc. licenses music to major platforms such as TikTok, iHeartMedia, and Vevo, and holds royalty interests in notable works by artists like The Weeknd and Justin Bieber [6][12] Market Position - The company is recognized as the fifth public performance rights organization established in the United States [10] - It administers a diverse catalog that includes works generated through artificial intelligence platforms [6][11] - The steps taken by the company position it for operational growth and improved transparency in line with public company reporting standards [7]

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]

Core Viewpoint - Music Licensing, Inc. is enhancing its financial reporting by engaging a PCAOB-registered audit firm for annual audits and ongoing financial reviews, aiming to improve transparency and investor confidence [2][3][4]. Company Overview - Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is the fifth public performance rights organization in the U.S. and is recognized under the federal registry [9][10]. - The company licenses music to major platforms such as TikTok, iHeartMedia, and Vevo, holding an estimated 7.4% share of the U.S. public performance rights market [5][10]. Financial Reporting Initiative - The engagement of a PCAOB-registered audit firm is a significant step towards strengthening the company's financial reporting infrastructure and ensuring compliance with best practices in corporate governance [3][4]. - This initiative is expected to provide independent assurance regarding the accuracy and completeness of financial disclosures, supporting future strategic and capital market initiatives [3][4]. Market Position and Catalog - Music Licensing, Inc. represents a catalog of over 2.5 million musical works by prominent artists, including A$AP Rocky, Pharrell, and Lil Uzi Vert, as well as works created using artificial intelligence [5][10]. - The company also holds royalty interests in Listerine "Mouthwash" Antiseptic and a portfolio of works by globally renowned artists such as The Weeknd and Justin Bieber [6][11].

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].