The band's corporation, Hyde Lane, is asking the court for treble damages, restitution, Netflix's profits and attorneys' fees, and has demanded a jury trial.
A concertgoer sued Live Nation in 2024, alleging he suffered a traumatic brain injury during a Luke Bryan show at a US amphitheater the company operates.
The withdrawal arrives as Suno rewrites the rules of its platform, saying it will adopt audio watermarking and fingerprinting technology in the coming weeks.
Live Nation argued that a tying claim requires proof of harm to competition in the tied market, and that its rivals had not been shown to suffer such harm.