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Business News (more headlines) 03-08-2014

ICE Signs A 5-Year Contract With STIM

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Having successfully received copyright services from ICE since 2010, the Swedish music copyright collection society STIM has extended their business relationship with the Swedish based company ICE and signed a long term contract for the delivery of music copyright.

ICE is very pleased to announce that STIM has extended their business relationship with ICE and has signed a long-term contract for copyright services. This 5-year contract will strengthen and professionalise the relationship between the two companies and it also confirms ICE's position as an independent company delivering world-class copyright services.

"This is an important step towards the continued goal of simplifying both national and pan-European music rights licensing and processing. Outsourcing copyright services to ICE supports the international business strategy that STIM has mapped out, it ensures efficiency for our authors and publishers, and it will contribute to STIM having a leading role among collection societies in the future", says STIM acting CEO Helena Woodcock

"STIM is a strong player in the music industry. Managing customer data and securing accurate distributions is a matter of trust and I am very pleased that we can continue our partnership and long term commitment with STIM to help them achieve their goals" says Carsten Drachmann, CEO of ICE.

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