Audius Expands Global Royalties with ICE Partnership
Audius artists and songwriters can now earn royalties globally through a partnership with the International Copyright Enterprise (ICE), allowing over 330,000 music rights holders to benefit from a wider range of regions such as Asia Pacific and sub-Saharan Africa. This aligns with Audius’ goal of creating a more transparent and artist-focused music industry, with similar partnerships with ASCAP, SESAC, Kobalt, and BMI. The agreement with ICE ensures fair compensation for music creators and opens up new revenue opportunities. The collaboration has been praised by both Audius and ICE representatives for creating sustainable growth in digital music ecosystems.
Audius Expands Global Royalties with ICE Partnership
In a groundbreaking move for the music industry, Audius has announced a partnership with ICE, a leading global music rights organization, to expand its global royalties system. Audius, a decentralized music streaming platform that uses blockchain technology to ensure fair compensation for artists, is poised to revolutionize the way musicians are paid for their work.
The partnership with ICE will allow Audius to streamline its royalty distribution process, ensuring that artists receive their fair share of revenue from streams and downloads. Through ICE’s extensive global network, Audius will be able to track and distribute royalties to artists in over 140 countries, providing a secure and transparent system for payments.
“We are thrilled to partner with ICE to enhance our royalty distribution capabilities,” said Audius CEO Roneil Rumburg. “This partnership will enable us to further support artists and ensure that they are fairly compensated for their music. We believe that blockchain technology has the power to transform the music industry, and our collaboration with ICE is a significant step towards achieving that goal.”
ICE, which stands for International Copyright Enterprise Services, is known for its expertise in managing music rights and royalties on a global scale. The organization works with a wide range of music industry stakeholders, including record labels, publishers, and collecting societies, to ensure that artists are properly compensated for their work.
“ICE is excited to partner with Audius to help enhance their royalty distribution system,” said ICE CEO Thorsten Sauer. “We believe that blockchain technology has the potential to revolutionize the way royalties are managed in the music industry, and we are pleased to support Audius in their efforts to empower artists and ensure fair compensation.”
Audius has been gaining traction in the music industry with its innovative approach to royalty distribution. By using blockchain technology, Audius is able to provide artists with real-time access to their earnings, as well as transparent and secure payment processing. This has made Audius a popular choice for independent artists who are looking for a fair and efficient way to monetize their music.
The partnership with ICE will further solidify Audius’s position as a leader in the music streaming industry. By leveraging ICE’s global network and expertise in music rights management, Audius will be able to provide artists with even greater access to royalties from around the world. This is a major win for artists who have long struggled to receive fair compensation for their work, and a significant milestone for Audius as it continues to disrupt the traditional music industry model.
“This partnership is a game-changer for artists,” said musician and Audius user Julie Miller. “As an independent artist, it’s crucial for me to be able to track and receive my royalties in a timely manner. Audius has made that possible for me, and I’m thrilled to see them partnering with ICE to further expand their global royalties system. This is a win-win for artists everywhere.”
Audius’s partnership with ICE comes at a time when the music industry is facing significant challenges, including declining album sales and streaming revenue. By providing artists with a fair and transparent way to earn royalties, Audius is helping to address these challenges and create a more sustainable future for musicians.
“We believe that artists deserve to be fairly compensated for their music,” said Roneil Rumburg. “Our partnership with ICE is a testament to our commitment to supporting artists and revolutionizing the way royalties are managed in the music industry. We are excited to work together to empower artists and help them succeed in today’s digital music landscape.”
As Audius continues to grow and expand its user base, the partnership with ICE will play a crucial role in ensuring that artists are properly compensated for their work. By leveraging blockchain technology and ICE’s global network, Audius is setting a new standard for royalty distribution in the music industry. This partnership is not only a win for Audius and ICE, but also for artists and music fans around the world who rely on fair and transparent royalty distribution systems.
I don’t own the rights to this content & no infringement intended, CREDIT: The Original Source: news.bitdegree.org
