Music Licensing, Inc.

Music Licensing, Inc.

SONGD
Music Licensing, Inc.US flagOther OTC
2.00
USD
-2.93
- -
10,004.00Market Cap
Music Licensing, Inc.
SONGD
(Other OTC)

Recent

price

2.00

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
1
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
- -
- -
- -
- -
- -
Business
Music Licensing, Inc. pro music rights holder and diversified holding company, operates Pro Music Rights, a U.S. performance rights organization with a broad catalog and royalty interests portfolio. The company represents songwriters, composers and publishers, licenses musical works for public performance, and distributes license revenues as royalties to rights holders; it engages in enforcement and collection activities to protect rights and improve royalty recovery; it pursues strategic acquisitions and portfolio expansion to grow repertory and downstream licensing opportunities. Founded in 2010 and headquartered in Naples, Florida, Music Licensing, Inc. maintains operations focused on the United States with aspirations for broader geographic reach as part of its growth strategy. Main products and services: license agreements for public performance rights covering musical works across diverse genres; royalty collection and distribution to songwriters, composers and publishers; catalog acquisition and ownership of royalty interests; enforcement and collections campaigns to uphold license compliance; licensing program development and administration for downstream users, including digital streaming platforms, radio, and other public performance venues; strategic partnerships to expand repertory and licensing reach; stock market and investor relations activities as part of its corporate governance and capital-raising efforts. Latest major company changes: announces expanded licensing and collection initiatives; completes or pursues acquisitions of music IP and royalty stakes to strengthen catalog and revenue base; engages in strategic partnerships and alliances to broaden repertory and licensing opportunities; implements aggressive expansion plans and governance measures as part of a broader corporate strategy; reports stock exchange trading milestones and potential reorganizations designed to enhance shareholder value. Industry and segments: music rights management; royalty collection and distribution; catalog acquisitions; licensing enforcement; revenue from licensing royalties across public performance use. Target markets and customers: songwriters, composers, publishers, and downstream licensees such as streaming services, radio broadcasters, venues, and other public performance users. Geographic operations: United States with stated headquarters in Naples, FL, and potential expansion to additional regions as part of growth. Subsidiaries/ownership: operates under the Pro Music Rights umbrella as a rights-holding and PRO-like entity; maintains relationships with affiliated songwriters, composers and publishers to license their works. Note: The description reflects publicly available information on Music Licensing, Inc. and Pro Music Rights, including references to their licensing activities, portfolio growth, and corporate actions aimed at expanding their music rights catalog and revenue streams.

Company News

APIChatGPT
  • AllTrack Meets With Members of Congress to Advance Transparency in Music Licensing

  • 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

  • Soundstripe and Warner Chappell Production Music Partner to Expand High-Quality Music Licensing Options for Creators

  • Universal and Warner in advanced talks on AI music licensing deals

  • 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

  • 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

  • SendBeatsTo Surpasses 1,000 Beat License Sales, Marking Key Milestone in Music Licensing Innovation

  • 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