Music Licensing, Inc. (OTC

SONG) Initiates Strategic Stock Restructuring and Highlights Key Achievements

Naples, Florida, March 12, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG), a distinguished holding company specializing in music licensing and intellectual property, is proud to announce significant developments aimed at fortifying shareholder value and solidifying its market standing.

In line with our steadfast commitment to optimizing our capital structure, Music Licensing, Inc. has embarked on a strategic stock consolidation program, employing a 500,000:1 share consolidation ratio. This strategic maneuver is engineered to significantly reduce the outstanding number of Common Stock shares to below 30,000 shares, exceeding our initial projections. Subsequent to this consolidation, Music Licensing, Inc. (OTC: SONG) will expedite the implementation and finalization of the long-anticipated Common Stock Buy-Back program, initially unveiled in 2023. The delay in executing this program stemmed predominantly from the challenge of securing a brokerage firm or investment bank willing to undertake the Buy-Back Program at our prevailing low share price. However, post-consolidation, we are confident in our ability to enlist the requisite support, as validated by the positive feedback received from multiple firms with whom we've engaged.

These strategic initiatives are complemented by recent milestones, notably, Music Licensing, Inc.'s attainment of "Penny Stock Exempt" status on March 05, 2024, and the removal of the "Shell Risk" designation from our OTC Markets Group profile on March 01, 2024. These accomplishments underscore our unwavering commitment to upholding the highest standards of corporate governance and transparency.

Furthermore, Music Licensing, Inc. recently concluded the acquisition of a royalty interest in the renowned Listerine "Mouthwash" Antiseptic on February 22, 2024. This strategic endeavor, alongside our earlier acquisitions of royalty interests in musical works by industry luminaries such as Elton John, Miley Cyrus, Lil Wayne, Lil Nas X, XXXTENTACION, and Halsey, serves to expand our portfolio and solidify our position as a prominent player in the music licensing and intellectual property domain.

In addition to these achievements, Music Licensing, Inc. reported exceptional financial performance, with stellar earnings announced on February 26, 2024. The company's sustained success is attributable to our innovative approach to music licensing and our steadfast commitment to delivering maximum value for our esteemed shareholders.