ICE reaches €1 billion online royalties distributed to rightsholders
27 August 2019
€1 million per day now paid from digital use of musical compositions
27 August, 2019
ICE, the world’s first integrated copyright hub, today announced it has passed the €1bn mark for digital royalties distributed to its society and publisher customers on behalf of creators.
It continues to lead the way in licensing the wide range of digital platforms benefiting from the use of music and ensuring royalties are flowed back to creators accurately and efficiently.
ICE’s first distribution was in March 2016 and the €1bn mark was reached in just 3½ years, driven by its own Core licence expansion and the processing services it provides to Sony/ATV, BMG and Warner Chappell Music.
Simultaneously, ICE continues to improve its service through ongoing process development and investment in technology. It actively promotes industry best practices on topics such as clean claiming through its participation in industry fora; and tackles problem areas such as residuals and fake streaming.
“Whilst this milestone represents a landmark for the industry in this digital era, we’re focused on continually improving the services we offer,” said Thorsten Sauer, CEO at ICE. “We are working to increase transparency and achieve even greater efficiency in getting money paid quickly and accurately to rightsholders.”
“The ICE hub provides our members with the best return for the use of their work internationally,” said Karsten Dyhrberg Nielsen, CEO at STIM. “The revenue from licences negotiated by ICE continues to grow and their scale and expertise means royalties are efficiently processed despite ever increasing data volumes.”
Kaspar Kunisch, MD at ARESA also commented “The effectiveness and efficiency achieved by ICE in this day & age is great news for rightsholders, and to reach such a milestone in such a short time is an endorsement of their collaborative approach. Combined with the upcoming initiatives we’re excited by the future.”
ICE offers a flexible suite of services for Publishers, Collective Management Organisations (CMOs) and Rightsholders. Services include; copyright administration, multi-territorial online licensing processing and Digital Service Provider (DSP) licensing solutions. ICE was created by PRS, STIM and GEMA and represents over 290,000 rightsholders alone through this partnership. ICE has processed trillions of online music uses from music streaming services and paid over €1 billion back to rightsholders since March 2016. The ICE copyright database holds over 36 million musical works. ICE is based in the UK, Germany and Sweden.
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