Snapchat Faces a Copyright Lawsuit From SUISA
Snapchat is officially facing a copyright infringement lawsuit from SUISA (the Cooperative Society of Music Authors and Publishers in Switzerland), the plaintiff has announced.
Zürich-headquartered SUISA revealed its case against Snapchat (NYSE: SNAP) via a formal release today. The former organization, which represents north of 40,000 songwriters and publishers, submitted the action to the Hamburg District Court specifically through its SUISA Digital Licensing subsidiary, higher-ups made clear.
For further reference, Snapchat reported an 18 percent year-over-year jump in daily active users during Q1 2022, the first complete quarter in which it’s had licensing pacts with each of the Big Three labels. An average of 332 million individuals utilized the app during the period, including almost 100 million North America-based persons.
