One of the most prominent recent disputes over digital music royalties was settled this week – the lawsuit between artist Kieran Hebden (aka Four Tet) and label Domino Recordings. "They have recognised my original claim, that I should be paid a 50% royalty on streaming and downloads, and that they should be treated as a license rather than the same as a CD or vinyl sale," Four Tet tweeted. He actually published the settlement offer on Twitter too, revealing an offer of £56,921.08 to cover the difference in royalties between the 18% rate that he got for downloads and streams since 1 July 2017, and the 50% rate that he had sued for – Domino were originally refusing to pay the same rate on streams as compared to the 50% rate on physical sales as part of the original deal. Four Tet had signed to Domino in the early 00s when streaming wasn't even a thought. "Hopefully I’ve opened up a constructive dialogue and maybe prompted others to push for a fairer deal on historical contracts, written at a time when the music industry operated entirely differently," Four Tet summed up. It's certainly set a precedent and the settlement has been hailed as constructive by representative bodies such as the FAC and MMF. Via Four Tet Twitter


Want to get these industry tidbits in your inbox? Sign up for FastTrack here - Click here!