Austrian collecting society AKM, which manages and licenses rights for songwriters and publishers, has joined ICE Core for online licensing.
BERLIN — That means ICE, the online licensing hub created by collecting societies in Germany , the U.K. and Sweden , will now represent and collect for AKM compositions for online services in much of the world, excluding the U.S. and some Asian markets. The deal includes AKM mechanical rights subsidiary, Austro Mechana.
“The ICE Core reflects the best licensing solution for online music services, with the best value, for our members,” said AKM CEOin a statement. “In these times more than ever, societies need to find the right services at the right value.” ICE was created in response to a change in European Union regulation that allows the societies that take in money for public performing rights in their local territories to compete in the online world. Inevitably, the larger societies, including France’s SACEM and the partnership behind ICE have emerged to dominate that business, since they can make the investments needed to manage the vast amounts of data generated by streaming services. Gradually, this model is spreading to other territories.
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