ICE and Facebook reach landmark multi-territory music licensing agreement
New deal will see songwriters and composers remunerated
ICE announced today that they have reached an agreement with Facebook for their first multi-territorial music licence with an online licensing and processing hub. The licence covers Facebook, Instagram, Oculus and Messenger and provides online music licensing for over 290,000 rightsholders, across 160 territories.
The deal signifies Facebook’s commitment in working with the industry to ensure music rightsholders are accurately compensated for the use of their works. Facebook users will be able to add music from a catalogue containing millions of works to videos they create and share with their audiences.
Facebook’s community continues to grow with more than 2.1 billion people now using the platform every month and 1.4 billion people using Facebook daily.
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 are excited to work with Facebook to ensure we are delivering value back to creators for the use of their works on Facebook platforms. The future of music depends on our industries working together to enable the development of new models for music consumption in the digital age, to ensure a healthy future for songwriters and composers.
ICE will be working with Facebook during the ongoing development of its rights reporting systems to ensure accurate royalties data. ICE currently has over 40 online music licences in place with some of the world’s largest music streaming platforms and has distributed over €300m to rightsholders since 2016.
ICE was established by PRS, STIM and GEMA to encourage collaboration between Collective Management Organisations (CMOs), music publishers and digital service providers to ensure composers and songwriters are compensated accurately and fairly for the use of their works.
About ICE Services Ltd
ICE Services, based in London, offers a flexible suite of services for Publishers, Collection Management Organisations (CMOs) and Rightsholders. Services range from multi-territorial online licensing processing to licensing solutions for Digital Service Providers.
ICE has the most authoritative copyright database in the world, through their German company, ICE Operations. The database holds over 31 million musical works with over 3 million new works registrations processed per year.
About STIM
STIM is a Swedish collective management organization for music creators and publishers. On their behalf, STIM administers and licenses performing and mechanical rights to music and lyrics. STIM is a non-profit organization representing 84,000 songwriters, composers, text authors and music publishers worldwide.
About GEMA
GEMA represents in Germany the copyrights of more than 69,000 members (composers, text authors and music publishers), as well as over two million copyright holders from all over the world. It is one of the largest societies for authors of works of music in the world.
About PRS for Music
PRS for Music is a world-leading music collective management organisation representing the rights of more than 165,000 talented songwriters, composers and music publishers around the globe. Headquartered in the UK, it works diligently on behalf of its members to grow and protect the value of their rights. With a focus on innovation and integrity, PRS for Music is redefining the global standard for music royalties to ensure creators are paid whenever their musical compositions and songs are streamed, downloaded, broadcast, performed and played in public. In 2022, PRS for Music collected £964m and paid out £836.2m in royalties. prsformusic.com
