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July 2023

Miscellanea

By Jhankhana Thakkar | Chirag Chauhan
Chartered Accountants
Reading Time 12 mins
I. TECHNOLOGY 1. Twitter sued by music publishers for $250 million A group of 17 music publishers in the US has sued Twitter, claiming the platform enabled copyright violations involving nearly 1,700 songs. The National Music Publishers’ Association (NMPA) is seeking more than $250 million (£197.7 million) in damages. In a lawsuit filed at the Federal District Court in Nashville, the NMPA claimed Twitter “permits and encourages infringement” for profit. It says the situation has not improved since Elon Musk bought the company. The NMPA, which represents firms - including Sony Music Publishing, BMG Rights Management and Universal Music Publishing Group - alleged that Twitter continues to “reap huge profits from the availability of unlicensed music without paying the necessary licensing fees for it”. It added that the infringements have given Twitter an “unfair advantage” over competitors - including TikTok, Facebook, Instagram, YouTube and Snapchat - which pay for music licences. Twitter “stands alone as the largest social media platform that has completely refused to license the millions of songs on its service,” NMPA President David Israelite said in a statement. Twitter did not directly respond to a BBC request for comment. Mr Musk, who recently reclaimed the title of the world’s richest person, bought Twitter last year for $44 billion. The NMPA also said: “