SONG) Announces Plans to Engage PCAOB-Registered Audit Firm for Annual Audits and Future Financial Statement Reviews

NAPLES, FL, July 02, 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 that it is actively pursuing the engagement of a Public Company Accounting Oversight Board (PCAOB)-registered audit firm to conduct annual audits and provide ongoing reviews of its financial statements.

This initiative marks a significant step in strengthening the company’s financial reporting infrastructure and reinforces its long-term commitment to transparency, regulatory compliance, and best practices in corporate governance. The company believes that the engagement of a PCAOB-registered firm will provide independent assurance regarding the accuracy and completeness of its financial disclosures, while supporting future strategic and capital markets initiatives.

By establishing an annual audit process under PCAOB standards, the company aims to enhance investor confidence, meet the expectations of institutional stakeholders, and better position itself for continued growth.

Music Licensing, Inc. licenses music to many of the world’s leading platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo. The company holds an estimated 7.4% share of the U.S. public performance rights market and represents a catalog of more than 2.5 million musical works by prominent artists such as A$AP Rocky, Pharrell, Wiz Khalifa, Nipsey Hussle, Lil Uzi Vert, and many others—including works created using artificial intelligence (AI).

In addition, the company maintains royalty interests in Listerine “Mouthwash” Antiseptic and an extensive portfolio of musical works by internationally acclaimed artists including The Weeknd, Justin Bieber, Kanye West, Elton John, Rihanna, Lil Nas X, and more.

Further details will be announced as the company finalizes its selection of an independent PCAOB-registered auditor.

About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

About Music Licensing, Inc. (OTC:SONG)  (ProMusicRights.com)

Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

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