00:00It's Benzinga bringing Wall Street to Main Street.
00:02Meta Platforms is facing a $109 million lawsuit from M&M's music publisher, 8 Mile Style,
00:08according to People Magazine.
00:09Lawsuit cites the alleged copyright infringement involving 243 songs used in reels and original
00:14audio features.
00:16Sue Clayton's Meta failed to properly license the music, which appeared in millions of videos
00:20three billions of times, and is seeking $150,000 per infringement.
00:24Meta spokesperson said the company has been negotiating a good faith in 8 Mile Style
00:28and was disappointed the publisher chose to sue instead of continuing talks.
00:32Meta Platforms is confronting multiple legal challenges, including a U.S. antitrust lawsuit
00:37that could potentially require Zuckerberg to divest Instagram.
00:40For all things money, visit Benzinga.com slash GSTV.
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