20 July 2015
PRS for Music, STIM and GEMA have signed completion documents announcing the launch of the world’s first fully integrated multi-territory music licensing and processing hub covering European territories. Designed to... PRS, STIM and GEMA establish the world’s first integrated licensing and processing hub Continued
16 June 2015
PRS for Music, STIM and GEMA combine to create brand new, cost efficient and one-stop service across Europe on behalf of over 250,000 songwriters. European Commission grants clearance for the... PRS, STIM and GEMA hub granted competition clearance Continued
We’re continuously refining our platform and process to provide our clients with the fastest, most efficient royalty collection solution in the market is core to our vision. Finding a business partner capable of managing the enormous scale and volume of our platform is no easy task. While many vendors are actively working on solutions, the ICE offering is by far and away the most compelling and sophisticated offering in the marketplace today.
ICE is a unique offering that combines the expertise of the three owners within copyright administration and multi-territory online licensing and processing. ICE has been developed to deliver quality solutions to an increasingly international and borderless market and we are confident that ICE will continue setting new benchmarks for the services rightsholders and music users can expect in this market.
As the online business evolves, we continue to evaluate our digital strategy and review our service providers around the world to ensure that our songwriters and composers receive the best service and achieve the most competitive rates possible. We chose to partner with ICE directly in Europe as they offer a tailored service with the business intelligence tools necessary to effectively track and police our royalties. ICE has continued to demonstrate that they are at the forefront of the pan European licensing business having negotiated deals with all of the major digital service providers across Europe and beyond.
We’re pleased to have reached yet another agreement that enables us to continue to build a place for voracious lovers of music and all forms of creative audio content, whilst ensuring rights holders’ work is rewarded and respected. The agreement with ICE adds to the growing number of deals that expand our already expansive catalogue of unique content, and strengthen our connected community of creators, listeners and curators who are fuelled by their genuine passion for music and creativity.
We’ve been looking at shaping the digital market from the outset. This direct relationship with the ICE Core allows us to eliminate parallel processing through other incompatible society works databases. This will result in quicker, more efficient and accurate digital royalty distribution across the Songtrust platform and extended to its fast-growing songwriter and publisher client base.
