SoundCloud and ICE sign multi-territory licensing deal
Original article from: http://www.m-magazine.co.uk/news/soundcloud-ice-sign-multi-territory-licensing-deal/
SoundCloud has penned a deal with pan-European licensing organisation ICE, which covers the repertoire of PRS for Music, German society GEMA and Swedish society STIM.
The agreement covers both SoundCloud’s paid-for and advert-supported streaming services across Europe and follows a previous deal between PRS for Music and the service in 2015.
The agreement also brings together the combined repertories of the ICE partners which will, for the first time, allow them to receive royalties when their combined 250,000 songwriter, composer and publisher members’ works are used by SoundCloud.
Ben McEwen, ICE licensing commercial director, said: ‘The deal with SoundCloud marks another significant step forward as ICE continues to work to simplify multi-territory licensing for the benefit of rightsholders and digital music service providers alike; we are delighted to welcome SoundCloud as a licensee.’
Donagh O’Malley, vice president, content partnerships, SoundCloud, said: ‘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.’
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