Black Cherry Balsamic Ice Cream Sauce

1 (10-12oz) jar black cherry or red cherry preserves
1/2 C. dry red wine
1/4 C. Black Cherry Balsamic Vinegar

Mix preserves, wine and Black Cherry Balsamic Vinegar in small saucepan.  Bring to a  boil over medium heat.  Reduce heat and simmer until reduced by half.  Cool and pour over ice cream.