Business

MUSIC LICENSING, INC. (OTC: SONG) REPORTS FISCAL YEAR 2024 FINANCIAL RESULTS AND FILES FORM 1-K WITH THE SEC

Naples, FL, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced its financial results for the fiscal year ended December 31, 2024. The Company has also filed its annual report on Form 1-K with the U.S. Securities and Exchange Commission (SEC), which includes the audited financial statements and a comparative an

articleMusic Licensing, Inc.February 27, 20255/company/music-licensing-inc/news/music-licensing-inc-otc-song-140000387
MUSIC LICENSING, INC. (OTC: SONG) REPORTS FISCAL YEAR 2024 FINANCIAL RESULTS AND FILES FORM 1-K WITH THE SEC

About this update from Music Licensing, Inc.

[{"type":"image","alt":"Music Licensing, Inc.","displaySize":"","headline":null,"caption":"Music Licensing, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":160,"height":91,"url":"https://media.zenfs.com/en/globenewswire.com/0a60974b25735ab953064b03823eb465"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/T59kmOlUY686LA5NMFXeGw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTExOTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/0a60974b25735ab953064b03823eb465","width":160,"height":91}},"lazy":false},{"type":"text","content":"","length":0,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":624,"height":208,"url":"https://media.zenfs.com/en/globenewswire.com/40e2488ba60a71754746acdecfaca00a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/SB.YQeZvXe0MLQT0h3_UvQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTMyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/40e2488ba60a71754746acdecfaca00a","width":624,"height":208}}},{"type":"text","content":"","length":0,"tagName":"p"},{"type":"text","content":"Naples, FL, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced its financial results for the fiscal year ended December 31, 2024. The Company has also filed its annual report on Form 1-K with the U.S. Securities and Exchange Commission (SEC), which includes the audited financial statements and a comparative analysis of its 2024 and 2023 financial performance.","length":551,"tagName":"p"},{"type":"text","content":"Key Financial Highlights for Fiscal Year 2024:","length":46,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue: $128.9 million, compared to $1.05 billion in 2023.","length":59,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Loss: $(54.4) million, compared to a net income of $46.0 million in 2023.","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"Total Assets: $19.9 million as of December 31, 2024, compared to $62.3 million in 2023.","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Total Liabilities: $23.7 million as of December 31, 2024, compared to $12.7 million in 2023.",...

More updates from Music Licensing, Inc.

The CompanyMusic Licensingpublic performance rights organizationpublic performance rightsfinancial resultsUnited Statesroyalty interests