By Dhirendra Tripathi
Investing.com – Roblox (NYSE:RBLX) shares fell 1% early on in Friday’s trading as the company faces a $200 million copyright infringement lawsuit from a group of music publishers.
The National Music Publishers’ Association has sued Roblox seeking at least $200 million in damages for the illegal consumption of music on the social gaming platform.
The video game platform company is accused of allowing developers to insert features or boomboxes into games that play copyrighted music without permission or any payment.
The NMPA says the unauthorized music includes songs by Ariana Grande, Imagine Dragons, Ed Sheeran, the Rolling Stones and others.
“Roblox actively preys on its impressionable user base and their desire for popular music, teaching children that pirating music is perfectly acceptable,” the complaint says, according to WSJ.
Roblox had 42.1 million daily users as of March.