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Stock impact report

Music Licensing, Inc. (OTC: SONG) Secures Intellectual Property Rights for Listerine "Mouthwash" Antiseptic

MUSIC LICENSING INC (SONG) 
Company Research Source: GlobeNewswire
NAPLES, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG) is pleased to announce the successful acquisition of intellectual property rights pertaining to Listerine Antiseptic, marking a significant advancement in the company's strategic growth initiatives. Following a rigorous and competitive bidding process, Music Licensing, Inc. emerged as the victorious bidder for this esteemed asset, which boasts a distinguished 142-year history of revenue generation. This acquisition represents the culmination of our steadfast pursuit to secure a stake in the intellectual property rights for Listerine Antiseptic, a brand recognized for its enduring legacy and consistent financial performance. The established agreement, dating back to 1881, confers upon Music Licensing, Inc. a royalty interest in the global sales of Listerine Antiseptic. This enduring agreement, fortified by legal precedent, ensures a reliable stream of revenue stemming from one of the most noteworthy t Show less Read more
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