Music Licensing, Inc. (SONG)
Music Licensing, Inc. operates in the Entertainment industry of the Communication Services sector, headquartered in Naples, FL, US. The stock last traded at $0.00, up 18.62% on the session, giving a market capitalisation of $1. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of -289.4%. Its beta of 2.86 implies it has historically moved more than the broad market.
Music Licensing, Inc., previously known as Nuvus Gro Corp., specializes in providing music licensing solutions, charging clients either monthly or annually. The company collects usage fees from a wide array of entities that incorporate music, spanning traditional broadcasters like television and radio stations, major broadcast and cable networks, and modern digital platforms such as internet and streaming services, along with satellite audio providers. They also generate revenue from physical establishments like nightclubs, hotels, bars, restaurants, various other venues, digital jukeboxes, and live concert events. A primary function of the company involves distributing these collected fees as royalty payments to songwriters, composers, and music publishers. Music Licensing, Inc. was founded in 2018 and is based in Naples, Florida.
Music Licensing, Inc. is most often compared with the following Communication Services names: