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A profile of Suno, which has been used by more than 100M people since 2023 and has 2M+ paid subscribers, as it faces copyright lawsuits from UMG and Sony Music (Bloomberg)

Investors are betting the $5 billion company will be the next Spotify. — Mikey Shulman stands in the middle of a dark concert hall …

Suno, a company with over 100 million users since 2023 and more than 2 million paid subscribers, is facing copyright lawsuits from Universal Music Group (UMG) and Sony Music. According to Bloomberg, investors are betting that the $5 billion company will be the next Spotify.

The lawsuits come as Suno continues to grow in popularity.

No information about Suno's response to the lawsuits was provided in the reports.

Brief written by urgent.news from Techmeme, TechRadar — 2 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.

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