Naples, FL -- February 22, 2024 -- InvestorsHub NewsWire --
Music Licensing, Inc. (OTC:
SONG) is pleased to announce the successful acquisition of
intellectual property rights pertaining to Listerine Antiseptic,
marking a significant advancement in the company's strategic growth
initiatives.
Following a rigorous and competitive bidding process, Music
Licensing, Inc. emerged as the victorious bidder for this esteemed
asset, which boasts a distinguished 142-year history of revenue
generation. This acquisition represents the culmination of our
steadfast pursuit to secure a stake in the intellectual property
rights for Listerine Antiseptic, a brand recognized for its
enduring legacy and consistent financial performance.
The established agreement, dating back to 1881, confers upon
Music Licensing, Inc. a royalty interest in the global sales of
Listerine Antiseptic. This enduring agreement, fortified by legal
precedent, ensures a reliable stream of revenue stemming from one
of the most noteworthy transactions in American commercial
history.
"We are thrilled to announce the acquisition of the intellectual
property rights for Listerine Antiseptic," stated Jake P. Noch, CEO
of Music Licensing, Inc. "This strategic move perfectly aligns with
our corporate objectives and underscores our unwavering commitment
to delivering value to our esteemed shareholders. We firmly believe
that the inclusion of Listerine Antiseptic in our portfolio will
fortify our market position and drive sustainable growth for our
organization."
With this acquisition, Music Licensing, Inc. consolidates its
presence in the intellectual property landscape and enhances its
revenue-generating capabilities. The company remains steadfast in
its dedication to exploring strategic opportunities that enhance
shareholder value and position Music Licensing, Inc. for sustained
success in the long term.
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 Listerine "Mouthwash" Antiseptic as
well as 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.
Music Licensing (PK) (USOTC:SONG)
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