Settlement agreements in the music industry are legally binding contracts that resolve disputes between parties without going to trial. These agreements commonly address copyright infringement, contract breaches, royalty disputes, and termination rights. They typically involve financial compensation, licensing terms, or other negotiated resolutions. Recent high-profile cases include Sony Music's settlement with artists over termination rights¹ and Universal Music's copyright settlements². These agreements help avoid costly litigation while protecting both artists' and labels' interests.