Pan-European licensing body ICE has told Music Week its new multi-territory licensing deal with SoundCloud will boost royalty payments and help the streaming platform build a successful subscriptions service.

The agreement, for GEMA, STIM and PRS For Music repertoire, encompasses SoundCloud services across Europe, including ad-supported and subscription offerings. Although PRS and SoundCloud signed a deal in December 2015, ending the collection society’s legal action against the streaming service, this will be the first time the other ICE partners will ...