Export data to .ics

I have a current situation where I would like to export data from a recordset to .ics. We can already export to .cvs and there seems to be some third party converters out there. Ideally, exporting directly to .ics (and whatever Android and Windows use) would be fantastic!

Even better would be if that calendar could be live (subscription?)

Please make this happen. You will make many people on our staff happy and make me look good at the same time.