The Performing Right Society (PRS) has announced it paid out more than half a billion pounds in royalties to songwriters, composers and publishers last year, in its strongest performance to date.
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.
PRS for Music, STIM and GEMA have announced that the world’s first integrated licensing and processing hub will launch under the ICE brand.
Kobalt Music Group has appointed former ICE managing director Tomas Ericsson to the newly created role of president of society relations.
Dutch collecting society Buma/Stemra has joined ICE, the joint venture between PRS for Music and Swedish society STIM.