"There was some misunderstanding regarding the factual positions and we are happy the same stands clarified and resolved between all parties.
"Viacom18 Motion Pictures and Abhay Deol being the producers now look forward to the release of music on all platforms and T-series is happy to provide their support to ensure 'One by Two' gets the best release," VMP's spokesperson said.
The 37-year-old actor said the label was not releasing the music of his new film because composer trio Shankar-Ehsaan-Loy didn't sign an "illegal" clause concerned with the copyright of the film's music.
The actor-producer was even spotted with a 'black eye' as a symbol of protest during the recently held Screen awards. The gesture earned him support of musicians including Sonu Nigam, Sunidhi Chauhan, Kailash Kher, Vishal-Shekhar, Shankar-Ehsaan-Loy and others.
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"It's encouraging to see someone at least standing up for the music fraternity," tweeted singer Sonu Nigam.
"Appreciate Abhay Deol's stand, he had a choice but he chose to save art and artistes from illegal contracts. Hope all actors producers join this," vocalist Kailash Kher shared on the micro-blogging website.
"Hats off to you Mr Abhay Deol! I'm speechless at your stand. Respect. Always," singer Sunidhi Chauhan tweeted.
"Today, Abhay Deol has shown he is a man of principles and courage. He's won the admiration and thanks of the entire film music fraternity," music director and singer Vishal Dadlani posted on Twitter.