FAC & MMF share joint statement on Four Tet court settlement
The FAC are delighted Kieran Hebden‘s (Four Tet) case with Domino Recordings has reached a conclusion.
Four Tet took legal action against his former label over streaming royalties at the end of last year. The case has now been settled with him securing his demand for a 50% royalties rate for streaming and downloads on repertoire covered by an historic contract. He has also been reimbursed for the underpayment of £56,921 plus interest. The terms of the settlement have been publicly disclosed. Read the full news story here.
David Martin, CEO of FAC and Annabella Coldrick, Chief Executive of MMF share a joint statement on the news above.