Martin Garrix has released a press statement this morning informing that he has withdrawn his lawsuit against Spinnin’ Records, for which was aiming to retain exclusive licence to his masters and music.
FROM DJ/PRODUCER MARTIN GARRIX:
I hereby inform you that I have withdrawn the summary proceedings against Spinnin Records (kort geding) of 3 December 2015.
As a result of further negotiations, Spinnin Records has transferred ownership rights of my music back to me, which was the main goal of the summary proceedings. I will grant Spinnin Records an exclusive license (for a limited period) for the tracks that were released by Spinnin Records until August 2015.
The remaining differences of opinion between parties will most probably be subject of further legal proceedings. In the meantime parties will keep trying to resolve this matter amicably.
As far as the “further legal proceedings” are concerned, we will keep our readers up-to-date with information as soon as it becomes available.