Sony Music-Universal Music JV Hits Johnson & Johnson With Copyright Lawsuit Over Unlicensed Music Use Covering 80 Videos
Portfolio Pulse from Vandana Singh
Johnson & Johnson is facing a lawsuit from Associated Production Music, a joint venture between Sony Music and Universal Music, for using copyrighted music without permission in nearly 80 videos. The lawsuit could result in significant financial penalties for J&J.
September 11, 2024 | 6:32 pm
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Johnson & Johnson is being sued by Associated Production Music for using copyrighted music without permission in nearly 80 videos. The lawsuit could lead to significant financial penalties, potentially impacting J&J's stock price.
The lawsuit against J&J for copyright infringement could result in substantial financial penalties, up to $12 million. This legal issue may negatively impact investor sentiment and J&J's stock price in the short term.
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