Music Licensing, Inc.’s Subsidiary Pro Music Rights Officially Recognized as a Performing Rights Organization in the US
Naples, FL, Feb. 10, 2025 – Music Licensing, Inc. (OTC: SONG) (OTC: SONGD), a pioneering company in the music rights and intellectual property sector, is thrilled to share that its wholly owned subsidiary, Pro Music Rights (PMR), has been officially recognized as a Performing Rights Organization (PRO) in the Federal Register of the United States of America.
This significant recognition reinforces Pro Music Rights’ position as a pivotal player in the US music licensing ecosystem. PMR now joins the esteemed ranks of other established PROs, such as ASCAP, BMI, and SESAC, which have been instrumental in ensuring fair compensation for music creators for the public performance of their works.
Impact on Creators
This recognition is a testament to Pro Music Rights’ commitment to music creators and their rights. With this new status, Pro Music Rights will have the legal authority to grant licenses for the public performance of musical works and collect royalties on behalf of its members. This will not only provide a more efficient licensing process for businesses looking to use music but also ensure that creators receive their rightful compensation for their work.
Impact on the World
The recognition of Pro Music Rights as a PRO will have a profound impact on the music industry and the world at large. It will create a more level playing field for music creators, enabling them to earn a fair share of revenue from the use of their works in various public performances. This, in turn, will encourage more people to pursue careers in music creation, leading to a more vibrant and diverse music ecosystem.
Moreover, this recognition will make it easier for businesses to obtain licenses for music use, as they will now have another option to choose from. This competition among PROs will likely lead to more favorable licensing terms and fairer compensation for creators.
Conclusion
Music Licensing, Inc.’s subsidiary Pro Music Rights’ recognition as a Performing Rights Organization in the US is a significant milestone that cements its position as a key player in the music licensing ecosystem. This recognition will benefit music creators by ensuring they receive fair compensation for the public performance of their works, and it will also make it easier for businesses to obtain licenses for music use. This development is a win-win situation that will contribute to a more vibrant and diverse music ecosystem, and we look forward to witnessing the positive impact it will have on the industry and the world.
- Pro Music Rights recognized as a Performing Rights Organization in the US
- Joining ranks of established PROs like ASCAP, BMI, and SESAC
- Ensures fair compensation for music creators
- Easier licensing process for businesses
- Encourages more people to pursue careers in music creation
- Contributes to a more vibrant and diverse music ecosystem
