READ: Runtown and record label at war! Label sues, Runtown terminates contract
Sources confirm to Thenetng that after the court hearing on June 14, 2016 in New York, both parties resolved to settle the case out of court with the help of the Olaniwun Ajayi law firm.
READ: Runtown’s battle exposes label owner as ex-con
‘Runtown and Dilly agreed to settle out of court and Runtown will remain with the label for one more year but its now more of a partnership deal because it gives Runtown more control,’ a source said.
READ: Why Runtown performed in US despite the ‘BAN’ by a Federal Court
Another source confirmed to NET that Runtown has also decided to float his own record label which he is calling ‘Power In The Music’ (PITM). No Fields Found.
