India's Nykaa seeks to include Meta in music copyright fight with Zee
Nykaa has asked the Delhi High Court to add Meta as a party in a copyright lawsuit filed by Zee alleging Nykaa used Zee’s songs in Instagram reels to promote products. Zee seeks $210,000 in damages and contends its licensing with Meta allows music use only for non-commercial posts. Nykaa’s May 19 filing says only Meta can clarify whether Nykaa’s use breached license terms and has urged mediation. The case could set a precedent for commercial music use on Instagram and affect listed companies’ legal and reputational risk, potentially creating modest near-term volatility for the shares of firms involved, though immediate market impact appears limited.