Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 102

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 102
---
 compositions through local collecting societies representing songwriters and publishers, and from certain publishers directly,
or a combination thereof. Given the licensing landscape in other territories for public performance rights, Triller cannot guarantee that
it will be able to finalize and enter into licensing agreements in such territories, or that Triller’s licenses with collecting
societies and Triller’s direct licenses with publishers provide full coverage for all of the musical compositions it uses in its
service in the countries in which it operates, or that Triller may enter in the future. Publishers, songwriters, and other rights holders
who choose not to be represented by major or independent publishing companies or collecting societies have, and could in the future, adversely
impact Triller’s ability to secure licensing arrangements in connection with musical compositions that such rights holders own or
control, and could increase the risk of liability for copyright infringement.

Although Triller expends
significant resources to seek to comply with applicable contractual, statutory, regulatory, and judicial frameworks, it cannot guarantee
that it currently holds, or will always hold, every necessary right to use all of the music that is used on Triller’s service now
or that may be used in Triller’s products and services in the future, and Triller cannot assure you that Triller is not infringing
or violating any third-party intellectual property rights, or that Triller will not do so in the future. These challenges, and others
concerning the licensing of music on Triller’s platform, may subject Triller to significant liability for copyright infringement,
breach of contract, or other claims.

Triller is a party to many music license agreements that are complex and impose numerous obligations upon Triller that may make it difficult to operate Triller’s business, and a breach, or perceived breach, of such agreements could adversely affect Triller’s business, operating results, and financial condition.

Triller’s license
agreements are complex and impose numerous obligations on us, including obligations to, among other things:

| ● | calculate and make payments based on complex royalty structures, which requires tracking usage of content in Triller’s service that may have inaccurate or incomplete metadata necessary for such calculation; |

| ● | provide periodic reports in specified formats on the exploitation of the content; |

| ● | represent that Triller will obtain all necessary licenses and consents and pay all associated fees, royalties, and other amounts due for the licensing of sound recordings and musical compositions; |

| ● | comply with certain marketing and advertising restrictions; |

| ●