Music Licensing, Inc.

Music Licensing, Inc.

SONG
Music Licensing, Inc.US flagOther OTC
0.00
USD
- -
- -
3.00Market Cap
Music Licensing, Inc.
SONG
(Other OTC)

Recent

price

0.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
TTM
FRC
10,050.5
- -
95,661,326.18
117,351.85
Revenue per Share
-106,752
- -
4,184,853.36
-18,184.07
Basic EPS, GAAP
-108,328
48,366
-4,303
60.06
Free Cash Flow per Basic Share
- -
- -
- -
- -
Dividend per Share
-112,080
-5,392,028.5
2,953,183.64
-6,540.99
Book Value per Share
-17,462
-47,868
4,165,854.82
-990.81
Tangible Book Value per Share
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
1,052
314
Sales/Revenue/Turnover
-935.06
- -
98.8
84.65
Operating Margin (%)
- -
- -
- -
- -
Depreciation Expense
- -
- -
46
-49
Net Income, GAAP
- -
- -
- -
- -
Effective Tax Rate (%)
-1,062.16
- -
4.37
-15.5
Profit Margin (%)
- -
- -
58
15
Working Capital
- -
- -
12
17
LT Debt
- -
4
50
1
Total Equity
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
-75.19
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
12
15
17
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
1,000,000
1,250,000
213,733,333

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
59
38
15
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
59
38
15
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
1
Payables & Accruals
- -
- -
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
1,316.58%
Free Cash Flow
- -
- -
-148.93%
Net Income, GAAP
- -
- -
-21,660.9%
Sales/Revenue/Turnover
- -
- -
5,234,836.51%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
759
93
98
102
1,052
2024
106
7
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
19,851,738.5
2,868,673
-2,720,915.5
- -
4,184,853.36
2024
-2,183,941.09
-3,141.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
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Business
Music Licensing, Inc. (SONG) operates as a diversified holding company and the fifth public performance rights organization in the United States through its wholly owned subsidiary Pro Music Rights, Inc., which represents songwriters, composers, and music publishers; issues public performance licenses to businesses including television and radio stations, internet and streaming services such as TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo, satellite audio services, nightclubs, restaurants, bars, hotels, and other venues; and licenses music for digital jukeboxes and live concerts worldwide. Founded in 2018 and headquartered in Naples, Florida, the company serves customers globally with standardized public performance rights licenses and a fully automated licensing dashboard and reporting system. In recent developments, Music Licensing, Inc. announced a strategic shift in Q3 2024 to focus on acquiring royalty-generating intellectual property assets with targets ranging from $36 million to $250 million for 2025, funded by the Jake P. Noch Family Office, LLC through block trades; completed acquisitions of royalty rights to tracks such as Rihanna's "Goodnight Gotham," Kanye West and The Weeknd's "FML," Jeremih collaborations including "TRYNA DO" and "TAKE YOUR TIME," Desiigner's "Thank God I Got It," and works involving Elton John, Miley Cyrus, Lil Nas X, and XXXTENTACION; received ongoing royalty payments including from its Listerine antiseptic stake and a corrected 110.43% ROI on a 30-year royalty stream sale while retaining lifetime ownership; uplisted to OTC Markets Group's OTC ID tier, achieved penny stock exempt status, and withdrew its $75 million Reg A+ II shelf filing.

Company News

APIChatGPT
  • Music Licensing, Inc. (SONG) / Pro Music Rights Updates Standard Industrial Classification Code to 6189 - Asset-Backed Securities, Formalizing Its Structured Finance Identity

  • Music Licensing, Inc. (SONG) / Pro Music Rights Announces Strategic Transformation: Formation of Special Purpose Vehicle to Securitize Licensee Agreements, Copyright Infringement Claims, and Litigation Portfolio - Targeting Listings on International Exchanges, 144A & Reg S Markets

  • Pro Music Rights and Music Licensing, Inc. Announce Potential Antitrust and Defamation Actions in Response to Mischaracterizations by Congressman Scott Fitzgerald and Industry Lobby Groups

  • Music Licensing, Inc. Provides Corporate Update on PCAOB Audit Review and OTC ID Application

  • Music Licensing, Inc. Announces Official Submission of OTCID Basic Market Application

  • Music Licensing, Inc. (OTC: SONG) Enters Retainer Agreement with PCAOB-Registered Audit Firm for Review of Semi-Annual 2025 Financial Statements

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

  • Merck Mercuriadis plots return with new Hipgnosis venture after market rebound

  • Music Licensing, Inc. (OTC: SONG) Announces Plans to Engage PCAOB-Registered Audit Firm for Annual Audits and Future Financial Statement Reviews

  • Music Licensing, Inc. Announces Intention to Apply for OTCID Basic Market Qualification

  • Music Licensing, Inc. (OTC: SONG) and Pro Music Rights, Inc. Call for Major Reform in U.S. Music Licensing Industry in Formal Response to Copyright Office Inquiry

  • Music Licensing, Inc. Receives Official Federal Recognition of Its Wholly Owned Subsidiary, Pro Music Rights, as a Performing Rights Organization in the United States Federal Register

  • Blueface Featuring The Game's "Stop Cappin" Acquired by Music Licensing, Inc. (OTC: SONG) (OTC: SONGD)

  • Blueface's "Stop Cappin" Acquired by Music Licensing, Inc. (OTC: SONG)

  • Rihanna's “Goodnight Gotham” Acquisition by Music Licensing, Inc. (OTC: SONG) Unlocks Significant Royalty Opportunities Across Global Platforms

  • Music Licensing, Inc. (OTC: SONG) Continues Uninterrupted Operations Amid Hurricane Milton Impact

  • Music Licensing, Inc. (OTC: SONG) Sells 30-Year Royalty Stream for $140,200, Achieves 106.04% ROI on Key Works, While Retaining Lifetime Ownership Rights

  • Music Licensing, Inc. (OTC: SONG) Receives Royalty Payment for Ownership Stake in Listerine Antiseptic

  • Music Licensing, Inc. (OTC: SONG) Announces Plans for New Publicly Traded Share Classes and Forward Stock Split to Address Decline in Stock Price

  • Music Licensing, Inc. (OTC: SONG) Announces Acquisition of Royalty Rights to "Thank God I Got It" by Desiigner, Bolstering Its Diverse and Star-Studded Portfolio