I don't know why this is really being discussed here, other than he's potentially a scammer. Pro-m doesn't appear to be a public company yet?
And here's why he's forcing himself into a market sector that doesn't need him. He's collecting and charging a middleman fee under the hype of some sort of rights org. He's attempting to create a rights group that nobody needs and no one was looking to pay for. PM takes the monster share of everything they collect and force charge, then give artists a small stipend. Don't believe the hype, he's trying to just be a reseller using the 'rights' angle.
I've worked with 10's of professional music groups and bands up until last year and most of them hardly anyone knew of PM. He's only been pushing this less than two years I believe. The few that did didn't appreciate PM attempting to order them to buy a license if they wanted internet income. He's a litigation troll and soon we may see just how much he knows what he's doing.
"Pro Music Rights is what is known as a music performing rights organization. A performing rights organization represents songwriters, composers, and music publishers. Pro Music Rights issues music licenses for a monthly or annual fee, then retains that fee as revenue for Pro Music Rights, and then collects the usage fees from businesses that use music, including television and radio stations; broadcast and cable networks; new media, including the Internet/streaming services and mobile technologies; satellite audio services like XM and Sirius; nightclubs, hotels, bars, restaurants and other venues; digital jukeboxes; and live concerts. These usage fees are then distributed as royalties to the songwriters, composers & music publishers that Pro Music Rights represents. Pro Music Rights is recognized in U.S. copyright law as a licensor of music and currently represents more than Two Million Musical works."