30s Summary

Music-sharing platform Audius has partnered with the International Copyright Enterprise (ICE), enabling more than 330,000 music creators registered with Audius to get paid for their music when it is played globally. Royalties will now flow to these creators at any time their music is played, even in remote global regions. Furthermore, Audius has enabled fans to donate to their favourite artists directly, and its goal is to make artists’ music accessible to more listeners. The platform is simplifying the business of music licensing and ensuring artists receive their fair share of earnings.

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Audius, a neat platform that helps musicians and songwriters share their content, has teamed up with the International Copyright Enterprise (ICE). Now, more than 330,000 music creators registered with Audius can also get paid for their jams over a wider range of places around the globe.

The new agreement was announced on Dec. 19 and it means cash from royalties will start to flow to these music creators anytime their tunes are played on Audius; even in places as far-flung as sub-Saharan Africa and the Asia Pacific.

This is a big win for music rights. Audius and ICE share a goal to use cool new tech to give more control back to the artists themselves. As Shamal Ranasinghe, the bigwig of business at Audius, puts it, ICE is a big deal, they’re ahead of the curve in terms of collecting and handing out royalties. Now, thanks to this new agreement, thousands of artists and songwriters can start making money through Audius’ worldwide music marketplace.

Audius has been busy trying to make more of these kinds of agreements happen. Their goal is for artists to get paid by making their music accessible to more listeners. In fact, they have teamed up with other big names in the business like Kobalt, ASCAP, BMI, SESAC and GMR. All these partnerships are helping Audius offer a service where musicians can earn money from their creations, directly from the fans themselves.

Recently, Audius made it possible for fans to support their favorite artists directly by donating in U.S. dollars. The platform’s transparency and focus on artists has helped to shape a less complicated and more trustworthy music market.

Tim Rawlinson, the vice president of Licensing at ICE, is stoked about this joint venture with Audius, a platform he describes as supportive of creators, songwriters and publishers and providing chances to benefit from a lively and changing global music ecosystem. He expressed his joy to work with Audius, saying that the platform enables artists to form deeper bonds with their fans and cranks open new ways to generate popularity and income.

Audius is frequented by millions of unique users every month. Meanwhile, ICE caters to more than 330,000 rights holders and has already taken care of trillions of music streams.

Audius is helping to simplify the business of licensing music and ensuring that artists get their due cut from the money made. By bringing in decentralized tech, they are not only expanding the number of places their members can license their tunes but also making sure the moolah and advantages go into the right hands.