Music Licensing, Inc. (SONG) / Pro Music Rights Updates Standard Industrial Classification Code to 6189 - Asset-Backed Securities, Formalizing Its Structured Finance Identity
Music Licensing, Inc. (SONG) updated its Standard Industrial Classification (SIC) code to 6189 (Asset-Backed Securities) on the OTC Markets Group platform. The reclassification aligns the company’s regulatory designation with its previously disclosed strategy to securitize licensee agreements, copyright infringement claims, and its litigation portfolio via a Special Purpose Vehicle (SPV).
Key figures
- Catalog size
- 2.5 million works
- Market share us
- 7.4%
AI analysis
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