Swatch Group Management Services, Ltd. v. Bloomberg L.P.

KATZMANN, Chief Judge:

This case concerns the scope of copyright protection afforded to a sound recording of a conference call convened by The Swatch Group Ltd. (“Swatch Group”) a foreign public company, to discuss the company’s recently released earnings report with invited investment analysts. In particular, we must determine whether Defendant-Appellee Bloomberg L.P. (“Bloomberg”) a financial news and data reporting service that obtained a copy of that sound recording without authorization and disseminated it to paying subscribers, may avoid liability for copyright infringement based on the…