Artists and songwriters on the Audius
This agreement, announced on December 19, connects over 330,000 music rights holders to earnings from a broader range of regions, including Asia Pacific and sub-Saharan Africa.
By working with ICE, Audius ensures that music creators are fairly compensated when their songs are streamed in international markets. It also aligns with Audius’ goal of creating a more transparent and artist-focused music industry.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe - We publish new crypto explainer videos every week!
5 Best Crypto Portfolio Diversification Strategies (Animated Explanation)
Audius has been actively pursuing similar partnerships to improve how royalties are distributed. Other agreements with groups like ASCAP, SESAC, Kobalt, and BMI reflect its mission to help music creators earn income without relying on traditional intermediaries.
Shamal Ranasinghe, Audius’ chief business officer, highlighted the importance of this partnership:
Establishing an agreement with them (ICE) ensures that thousands of artists, songwriters, and other rights holders around the world can begin earning royalties via Audius’ global music marketplace.
Tim Rawlinson, ICE’s vice president of Licensing, praised the collaboration, stating, "We’re happy to collaborate with Audius, whose platform not only fosters deep connections between artists and fans but also opens up new revenue opportunities to ensure sustainable growth across unique digital ecosystems".
While Audius secures a partnership with the ICE to fairly compensate musicians, Imogen Heap, a Grammy-award-winning artist, recently collaborated with an artificial intelligence (AI) music platform. What innovations did Heap make with this collaboration? Read the full story.