Music Licensing, Inc. Unveils Aggressive Expansion Plan with $5,000,000 Music Intellectual Property Acquisition
January 22, 2024 at 11:52 am EST
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Music Licensing, Inc. announced its strategic plan to scale up through the acquisition of an additional USD 5,000,000 worth of Music intellectual property royalty stakes. This aggressive expansion aims to further solidify the company's position in the industry and contribute to its ongoing success. With the anticipation of acquiring deals with similar metrics, Music Licensing, Inc. expects to achieve stable positive cash flow, projecting an annual figure of USD 793,246.25.
This positive cash flow is envisioned to be a core strategy for the company, serving as a foundation for its efforts to uplist to the NYSE American. The decision to uplist will be pursued once the company can demonstrate sustained positive and recurring cash flow.
Music Licensing, Inc., also known as Pro Music Rights, is a diversified holding company. The Company operates through its subsidiary, Pro Music Rights Inc. (Pro Music Rights), which is a public performance rights organization (PRO) that represents songwriters, composers, and music publishers. Its licensees include notable companies, such as TikTok, iHeart Media, Triller, Napster, 7Digital, Vevo, and others. Pro Music Rights represents over 2.5 million works that feature notable artists, such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Soulja Boy, Lud Foe, SlowBucks, Gunplay, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, 2 Chainz, Gucci Mane, Young Dolph, Fall Out Boy, as well as Artificial Intelligence (AI) Created Music. It also owns royalty stakes in Listerine Mouthwash Antiseptic as well as musical works by artists such as Elton John, Lil Nas X, DaniLeigh, Rihanna, and others.
MUSIC LICENSING, INC. 
