Music Licensing, Inc. Announces Intention to Apply for OTCID Basic Market Qualification
The OTCID Basic Market replaces the Pink Current Information tier and is designed to distinguish companies that provide baseline, reliable disclosure from those that do not. To qualify, issuers must meet disclosure standards similar to previous Pink Current Information requirements while also filing an annual Management Certification or 12g3-2(b) Certification, maintaining an up-to-date profile on www.otcmarkets.com, and authorizing their transfer agent to confirm share structure data directly with OTC Markets.
By pursuing OTCID Basic Market status, Music Licensing, Inc. reaffirms its dedication to corporate transparency and intends to maintain eligibility under SEC Rule 15c2-11. The company views this transition as a proactive step toward better serving its shareholders and the broader market..
Music Licensing, Inc. (OTC: SONG) is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.
Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others—including works generated by artificial intelligence (AI).
Additionally, Music Licensing, Inc. holds royalty interests in the iconic Listerine® 'Mouthwash' Antiseptic brand as well as a vast portfolio of musical works by globally recognized artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.
With the upcoming OTCID application, Music Licensing, Inc. continues to prioritize responsible public company practices and value creation for its investors.
About Music Licensing, Inc. (OTC:SONG) (ProMusicRights.com)
Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.
Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce 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 many others, including works generated by artificial intelligence (AI).
Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine 'Mouthwash' Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many 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:
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
18 minutes ago
- Globe and Mail
Bank Of America Sees Gold Hitting $4,000 On U.S. Debt Concerns
Commodities analysts at %BankofAmerica (NYSE: $BAC) see the price of %Gold reaching $4,000 U.S. an ounce, which is 20% above current levels, within the next year due to swelling debt levels. Gold, which is widely viewed as a safe haven during times of geopolitical uncertainty, has already risen nearly 30% this year on heightened trade tensions, war, and market turmoil. In April of this year, the precious metal's price reached an all-time high of just over $3,500 U.S. per ounce as an unprecedented tariff war ignited by America sent financial markets for a loop. Despite the big run, Bank of America expects gold's price to continue gaining as concerns grow over current U.S. debt levels. In coming months, Bank of America expects gold's price to hit $4,000 U.S. an ounce as governments, central banks, and investors grow increasingly worried about U.S. debt and deficit spending. In a note to clients, Bank of America said that wars and geopolitical conflicts typically "aren't long-term growth drivers" for gold's price. A bigger driver of price action in the yellow metal is U.S. President Donald Trump's sprawling tax-and-spend legislation that has been passed into law. The bill is expected to add trillions of dollars in deficits in the coming years, raising concerns about the sustainability of U.S. debt and the status of the American dollar as the world's reserve currency. "If fiscal shortfalls don't decline, the fallout from that plus market volatility may end up attracting more buyers" to gold, wrote Bank of America. The analysts also pointed to the growing trend of central banks shifting away from U.S. assets such as Treasuries (bonds) and the dollar and holding more gold in their reserves. Bank of America estimates that central banks' gold holdings represent about 18% of the outstanding U.S. public debt, up from 13% a decade ago. "Ongoing apprehension over trade and U.S. fiscal deficits may well divert more central bank purchases away from U.S. Treasuries to gold," warned the bank's analysts. A study by the European Central Bank (ECB) revealed that bullion has risen up the ranks of official reserve assets, surpassing the Euro currency and only behind the U.S. dollar. By the end of 2024, it is estimated that gold accounted for 20% of the world's total reserve holdings. The U.S. dollar, while maintaining a lead at 46%, continues to decline. A recent survey by the World Gold Council found that most central banks expect to accumulate more gold and less U.S. dollars over the next 12 months. BAC stock has risen 4% this year to trade at $46.03 U.S. per share.
Globe and Mail
26 minutes ago
- Globe and Mail
New AvidXchange Report Shows Finance Teams More Prepared Than in 2020—But Still Investing to Weather Uncertainty
CHARLOTTE, N.C., July 17, 2025 (GLOBE NEWSWIRE) -- AvidXchange, Inc. a leading provider in accounts payable (AP) automation software and payment solutions for mid-market businesses and their suppliers, today announced the results of its 2025 Economic Sentiment Survey, conducted via Pollfish. The survey of 709 finance professionals reveals a key shift: 67% feel more prepared to handle today's economic uncertainty than they did in 2020, crediting increased technology investment and hard-earned experience. Many are continuing to double down on digital tools to stay agile amid inflation, supply chain disruptions, and ongoing market volatility. Economic Concerns Still Weigh Heavily While confidence is growing, post-Covid hangover remains. 86% of finance professionals express concern about the current state of the economy, with nearly half taking actions like cutting discretionary spending. Additionally, 50% say they are 'very concerned' about the likelihood of a recession, and 22% expect one to hit within the next 12 months. Tariffs and inflation are also reshaping financial planning: 83% report supplier cost increases due to inflation 52% say tariffs have led to moderate forecast adjustments Nearly 1 in 3 organizations are sharing those costs with customers These findings reflect a market still in flux—and the pressure on finance leaders to respond swiftly and strategically. Technology Fuels Financial Readiness Despite uncertainty, tech investments are enabling confidence. Seven in 10 finance professionals say technology is critical to their ability to respond to changing conditions, and 72% say tools implemented early in the pandemic are paying off today. In fact, 49% say they are more likely to invest in AI and automation specifically because of ongoing economic uncertainty. Top areas of focus include: AI and machine learning (48%) Data security and compliance tools (44%) Collaboration and workflow tools (36%) Finance teams are embracing technology not just to cut costs—but to enable smarter, faster decisions. Finance Professionals Emerge as Strategic Partners The survey findings point to a fundamental shift in how finance is viewed: from operational support to strategic leadership. Nearly 30% of teams are conducting scenario planning and financial modeling, while 27% are focused on strengthening supplier relationships—clear signals of a proactive, future-focused mindset. With better tools and a broader mandate, finance leaders are stepping into roles that directly shape business direction, resilience, and growth. Momentum in a Shifting Economy Though 52% of respondents expect volatility to continue into 2026, the overall tone is one of momentum. Finance professionals are moving from reactive to proactive, leaning into their role as stewards of strategy, stability, and innovation. 'Finance teams aren't just adapting—they're planning smarter, automating faster, and driving strategic decisions across the business,' said Dan Drees, President at AvidXchange. 'This research reinforces what we're seeing in the market—technology is a critical enabler for companies looking to drive efficiency and fuel growth.' To read the full report visit About AvidXchange® AvidXchange (Nasdaq: AVDX) is a leading provider in accounts payable (AP) automation, offering intelligent AP software and payment solutions specifically designed for mid-market businesses and their suppliers. With 25 years of industry experience, AvidXchange modernizes the way businesses manage their expenses and payments by offering AI-enhanced software coupled with support from experts. Empowering over 8,500 growth-driven businesses, AvidXchange increases efficiency, control, and visibility in financial operations and has securely processed payments to more than 1.3 million suppliers through its proprietary payment network over the past five years. For more information, visit
Globe and Mail
an hour ago
- Globe and Mail
World Acceptance Corporation Announces First Quarter 2026 Conference Call on the Internet
World Acceptance Corporation (NASDAQ:WRLD) will provide an online, real-time webcast and rebroadcast of its first quarter conference call to be held on Thursday, July 24. The earnings release will be issued prior to the call. The live broadcast of World Acceptance Corporation's conference call will be available online at WRLD 1Q26 Webcast on July 24 beginning at 10:00 a.m. (Eastern Time). The online replay will follow immediately and continue for 30 days. About World Acceptance Corporation (World Finance) Founded in 1962, World Acceptance Corporation (NASDAQ: WRLD), is a people-focused finance company that provides personal installment loan solutions and personal tax preparation and filing services to over one million customers each year. Headquartered in Greenville, South Carolina, the Company operates more than 1,000 community-based World Finance branches across 16 states. The Company primarily serves a segment of the population that does not have ready access to credit; however, unlike many other lenders in this segment, we strive to work with our customers to understand their broader financial pictures, ensure they have the ability and stability to make payments, and help them achieve their financial goals. For more information, visit
