Company sees great potential for acquisitions of Jamaica-based music IP and music companies

Durrant Pate/Contributor

Music Licensing Inc, a music licensing company based in Naples, Florida, has announced its intention to pursue a listing by introduction on the Jamaica Stock Exchange (JSE).

This strategic move aims to expand the company’s reach and visibility within the Caribbean market while providing new opportunities for growth.

In a press release sent out on the international wire, Music Licensing reported that a local Jamaican securities law firm has informed it that the listing process could be completed within just four weeks, streamlining the company’s entry into the Jamaican market.

The law firm believes this listing could make Music Licensing shares margin-eligible in Jamaica, as well as for other local Caribbean-based banks, broker-dealers, and wealth management firms that deal in Jamaican listed equities, such as those in The Cayman Islands.

Music Licensing’s management team, led by CEO Jake P. Noch, sees great potential for acquisitions of Jamaica-based music intellectual property (IP) and music companies, including music publishers, music distribution companies, and local artiste music catalogs.

The company believes these assets have often been overlooked and that the JSE listing could provide significant resources to utilise the company’s shares as share capital for potential acquisitions.

Commenting on the move, Noch stated: “We are excited about the possibilities that listing on the Jamaica Stock Exchange brings to our company. We believe this move will open doors for us to acquire valuable music assets within the Jamaican and Caribbean markets while providing our shareholders with increased exposure and opportunities for growth.”