ICE announces Peter de Mönnink as new CEO
ICE, the world’s first integrated processing hub, has announced that Peter de Mönnink will take the helm as CEO, effective March 2022.
Peter brings a wealth of experience to the position from running several large media companies, with a proven track record of delivering new online products and services.
For 3 years, Peter was CEO of the Dutch media company Talpa Network, overseeing a diverse range of audio, video, E-commerce and magazine services. Prior to this, he was CEO of TalpaTV and Talpa Media Services, which owns some of the Netherlands‘ most popular TV and radio stations. Before joining Talpa, Peter held CEO roles at Sanoma Media Netherlands and Belgium (now DPG Media), another large multimedia company. This was preceded by several international leadership positions within Reed Elsevier (now RELX). Peter studied Economics and Law at IHBO De Maere in the Netherlands.
Peter joins ICE at a significant moment in its evolution. A joint venture between Collective Management Organisations PRS, STIM, and GEMA, ICE represents over 330,000 rightsholders and has paid out over €2.2 billion (£1.9 billion) since 2016.
Already delivering for rightsholders on an unrivalled scale, ICE continues to simultaneously invest in the new technologies required to address the common industry data and revenue challenges of both today and tomorrow. Peter will take over from current CEO, Thorsten Sauer, who has successfully led ICE since 2018 and has been instrumental in its recent success.
Prof. Rainer Minz, Chairman of the ICE Boards: “I would like to thank Thorsten for his excellent contribution to ICE. Under Thorsten’s leadership, ICE’s online business has more than tripled its annual distributions and he has transformed ICE into the clear market leader across its service areas, passing more than €2bn to rightsholders. I would like to thank him for all his achievements and his professionalism in ensuring a smooth hand-over to Peter up to the end of March 2022.”
“With Peter we will enter the next stage of ICE, successfully developing and implementing the next generation infrastructure for what is already the most authoritative copyright database globally. His previous experience at the helm of several large media organisations is testament to his ability as a leader in this field, and I wish him every success in the role.”
Thorsten Sauer, CEO, ICE “I am incredibly proud and grateful for the privilege of working together with the talented team at ICE, and its customers and shareholders” remarked Thorsten, “ICE is an organisation with such an important mission of fair, accurate, and transparent remuneration for the creators in the industry. Over the past almost 4 years, we have built ICE to be the leading services provider in the music industry and distributed more than €2.2bn in online royalties. With the strongest financial results in the history of the company, I feel it is the right time to hand over the leadership to Peter to take ICE even further.”
Peter de Mönnink “Nothing has proven more engaging than music in our digital lives. At the same time, the transition of content-rights and their value to the ever-expanding footprint of global digital markets is an ongoing challenge. ICE is a unique company. Founded with the purpose of ensuring that the fast-growing consumption of music is also reflected in value for content-creators and all stakeholders involved. Shared data processing and distribution are at the core of ICE, with the goal to protect and preserve the value of music. It’s great to work with so many quality people and help to grow and shape the business towards a sustainable leading global position and create success for all stakeholders.”
ICE offers a flexible suite of services for Publishers, Collective Management Organisations (CMOs) and Rightsholders, which includes copyright administration, multi-territorial online licensing processing, and Digital Service Provider (DSP) licensing solutions. The market-leading, authoritative, and accurate, ICE copyright service underpins distributions for a wide range of CMOs. The ICE copyright database holds over 44 million musical works. ICE was created by PRS, STIM, and GEMA and represents over 330,000 rightsholders. The repertoire from these CMOs along with repertoire of BMI, IMRO, Sabam, and the independent publishers Concord, Downtown/Songtrust, and Peermusic, form the ICE Core.
ICE’s multi-territorial online processing service also supports the repertoires of SonyATV (via Solar), Warner Chappell, and BMG (via ARESA). ICE has processed trillions of online music uses from music streaming services and paid over €2.2 billion back to rightsholders since March 2016. ICE is based in the UK, Germany and Sweden.