Item 8.01. Other Events.
On June 10, 2021, Roblox Corporation (the "Company") issued a press release
announcing that, on June 9, 2021, a number of entities owning or controlling the
rights to musical compositions, including Universal Music Corp., through a
coordinated effort of the National Music Publishers Association ("NMPA") filed a
lawsuit against the Company in the U.S. District Court for the Central District
of California, captioned ABKCO Music, Inc.; Big Machine Music, LLC; Boosey &
Hawkes, Inc.; Cherio Corporation; Concord Music Publishing LLC; Concord Music
Group, Inc.; Downtown Music Publishing LLC; Hipgnosis SFH I Limited; Hipgnosis
Songs Group, LLC; Kobalt Music Publishing America, Inc.; MPL Communications,
Inc.; MPL Music Publishing, Inc.; Panther Music Corp.; Peer International
Corporation; Peermusic Ltd.; Peermusic III, Ltd.; Polygram Publishing, Inc.;
Rodgers & Hammerstein Holdings LLC; Pulse 2.0, LLC; Reservoir Media Management,
Inc.; Songs of Peer, Ltd.; Songs of Universal, Inc.; Southern Music Publishing
Co., Inc.; Spirit Music Holdings, Inc.; Universal Music - MGB NA LLC; Universal
Music - Z Tunes LLC; Universal Music Corp.; Universal Music Publishing, Inc.;
Universal Musica, Inc., Plaintiffs v. Roblox Corporation, Defendant, alleging
that the Company engaged in copyright infringement by using certain musical
compositions on the Roblox platform without necessary licenses. The Company
intends to vigorously defend itself against the claims set forth in the
complaint, and given the recent filing, the Company cannot predict the ultimate
outcome of such litigation and has not come to a view on the value of any
ultimate outcome at this time.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated
herein in its entirety by reference. Such press release, including any
information that is incorporated herein, is being furnished and shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the "Exchange Act"), or otherwise be subject to the
liabilities of that section, nor shall it be deemed to be incorporated by
reference in any filing under the Securities Act of 1933, as amended, or the
rules and regulations of the SEC thereunder, or the Exchange Act or the rules
and regulations of the SEC thereunder, except as shall be expressly set forth by
specific reference in such filing or document.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release dated June 10, 2021.
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