TikTok Files Emergency Motion for Injunction
Posted on 12/09/2024
Today, we filed an emergency motion for an injunction to stop the TikTok Ban from taking effect on January 19, 2025 until our appeal of the decision by the Court of Appeals for the DC Circuit is heard by the US Supreme Court.
TikTok is, at its core, its 170 million American users. Estimates show that small businesses on TikTok would lose more than $1 billion in revenue and creators would suffer almost $300 million in lost earnings in just one month unless the TikTok Ban is halted. In 2023 alone, the advertising, marketing, and organic reach on TikTok contributed $24.2 billion, and TikTok’s own operations contributed an additional $8.5 billion to the U.S. GDP.
TikTok is, at its core, its 170 million American users. Estimates show that small businesses on TikTok would lose more than $1 billion in revenue and creators would suffer almost $300 million in lost earnings in just one month unless the TikTok Ban is halted. In 2023 alone, the advertising, marketing, and organic reach on TikTok contributed $24.2 billion, and TikTok’s own operations contributed an additional $8.5 billion to the U.S. GDP.
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