SONG - Music Licensing Inc. (OTC: SONG) Secures Intellectual Property Rights for Listerine Mouthwash Antiseptic | Benzinga

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 transactions in American commercial history.

"We are thrilled to announce the acquisition of the intellectual property rights for Listerine Antiseptic," stated Jake P. Noch, CEO of Music Licensing, Inc. "This strategic move perfectly aligns with our corporate objectives and underscores our unwavering commitment to delivering value to our esteemed shareholders. We firmly believe that the inclusion of Listerine Antiseptic in our portfolio will fortify our market position and drive sustainable growth for our organization."

With this acquisition, Music Licensing, Inc. ...

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