Business News Deals Labels & Publishers

Downtown and Songtrust ally with ICE

By | Published on Thursday 18 January 2018

Downtown Music Publishing

Downtown Music Publishing has signed a deal with that pan-European music licensing hub that they call ICE. You know, the one set up by European collecting societies PRS For Music, GEMA and STIM. ICE will provide super fun digital licensing and royalty processing services under the deal, including for Songtrust, US-based Downtown’s royalty collection service which recently expanded into Europe.

The music rights firm says that the deal will “afford Songtrust with a best-in-class technology and licensing partner, providing unparalleled speed, accuracy, and economies of scale to service its one-of-a-kind platform”. And not only that! “The benefits of this collaboration will directly benefit the songwriters and music publishers who utilise the Songtrust platform to collectively manage over one million song copyrights” it goes on.

Referencing ICE’s ‘one-stop shop licensing solution’ ICE Core, the MD of Downtown’s London operation, Roberto Neri, says: “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”.

Speaking for ICE, Ben McEwen, Commercial Director of the ICE Services business, adds: “We are clearly delighted that an increasingly important, progressive, and technologically capable publisher such as Downtown and Songtrust has chosen to include its repertoire within ICE’s Core licence and is willing to demonstrate their confidence and appreciation of our administration capabilities in this way. We are very excited about working together in this new collaboration”.