Naples, FL, Sept. 20, 2024 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), a diversified holding company, is pleased to announce the receipt of a royalty payment derived from its ownership stake in Listerine® Antiseptic (Mouthwash), a globally recognized brand in oral hygiene.
As part of its strategic portfolio, Music Licensing, Inc. holds a valuable interest in the Listerine® brand, which continues to perform exceptionally well in the marketplace. The latest royalty payment reflects the company’s ongoing commitment to maximizing shareholder value through diversified asset holdings, including high-profile consumer goods.
“We are proud of the steady revenue stream generated from our stake in Listerine® Antiseptic,” said Jake P. Noch, CEO of Music Licensing, Inc. “This payment not only highlights the strength and reliability of our diverse portfolio but also underscores our ability to create sustainable, long-term value for our shareholders.”
Music Licensing, Inc. continues to pursue strategic investments in both the entertainment and consumer goods sectors, further reinforcing its position as a leader in intellectual property and royalty-based assets.
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