peermusic extends with ICE29 November 2023 - Press release
peermusic and ICE announce that they have signed a multi-year renewal of their partnership for the ICE Core online representation of the peermusic repertoire.
A direct member of the ICE Core since 2018, peermusic has achieved significantly increasing royalties through the ICE hub, with an average Year-on-Year of more than 60%.
The effectiveness delivered by improvements in processing, matching and unique ICE solutions like 2-stage invoicing, combined with improved commercial deals, market growth and a greater reach of services & territories have all contributed to greater royalty flows to peermusic.
Nigel Elderton, President Europe & MD UK, peermusic
“peermusic has a global footprint of 39 offices in 32 countries and we have been expanding the scope and scale of our operations. There’s a natural synergy between our unique needs as a global publishing firm and the broad reach and international efficiencies that the ICE hub brings.
The ICE Core representation assists us with bringing top-tier digital music licensing and processing to our songwriters at optimal terms, using advanced technology which underpins collections and the efficient distribution of royalties to our songwriters.
As a global music firm, peermusic is well-placed to monitor this and help clients access new markets and digital music licensing opportunities whilst working in tandem with ICE.”
Ben McEwen, Chief Commercial Officer, ICE
“The ICE Core is made up of a range of dynamic and forward-thinking rightsholders, exemplified by the team at peermusic.
peermusic were at the forefront of multi-territorial developments and our longstanding partnership with them has enabled us to deliver back the reach and the scale benefits that peermusic were looking for.
The mutual understanding of our respective businesses gives us a great platform to build for further sustained growth into the future.
The whole team at ICE are proud and energized by working with partners like peermusic to maximize their royalties today, and to build for tomorrow in a fast-moving market.”