Electronic band Four Tet are pursuing legal action against their label, Domino, over a streaming royalty rate dispute.
The band’s frontman, Kieran Hebden, is fronting the damages claim against Domino, with the dispute due to have its day in High Court and potentially could set a precedence for further cases to follow.
Hebden’s lawyers have claimed that Domino are in breach of their contract with the band. According to Music Week, Four Tet have stated that they are legally due a 50% royalty rate for streaming, whereas Domino are defending their 18% payout.
Therefore, the band are requesting damages of £70,000, along with an amended streaming rate and costs for historical streaming rights.
The legal papers claim: “Four Tet will contend that a reasonable royalty rate in respect of revenues derived from exploitation by way of streaming and/or digital download under the implied term of the 2001 Agreement has at all material times been at least 50%; Four Tet’s position as to the precise rate is reserved pending evidence and/ or expert evidence on this issue.”
Further adding: “In respect of the exploitation of the Masters and any videos embodying the Masters and received by us from our licensees outside the UK we shall credit your audio and audio-visual royalty accounts respectively with 50% of all royalties and fees arising from such exploitation.”
While the case, is still very much in its infancy and the outcome remains to be seen, it is possible that several other bands signed in the pre-digital age could follow suit and pursue their own legal actions.