IMRO Extends Partnership with ICE
The Irish Music Rights Organization (IMRO) has renewed its multi-year agreement with the International Copyright Enterprise (ICE) to enhance royalty collection for its 11,000 members. This extension aims to expedite royalty payments and improve transparency. IMRO, which saw a 30% revenue increase in 2023, will transition to monthly online royalty distributions, positioning it as a leader among collective management organizations (CMOs). ICE, which distributed over €1 billion to rightsholders in the past year, will continue to support IMRO in maximizing revenues and reducing costs for rightsholders.
For more details, read the full article here.