We are delighted to continue deepening our relationship with music by partnering with ICE in a first-of-its-kind licensing deal. Facebook’s journey with music is just beginning and we look forward to working with ICE and songwriters to build a community together around music.
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.
The collaborative effort in launching this new enhanced ICE is one that we are very proud of. ICE brings new economies of scale within reach of all rightsholders and will simplify the licensing market.
We are excited to deepen our relationship with ICE members by renewing our license. The updated agreement under ICE Core means we can drive more value to rightsholders while delivering an incredible music experience to fans around the world across both YouTube and YouTube Music.
We’re excited to confirm a full pan-European deal with ICE. Mixcloud has been supporting artists, songwriters and creators since the start, and we are proud to partner with ICE on this mission.