Comment by stephencanon

They don't want to win, they want to reach a settlement where they admit no wrongdoing, but agree to pay some medium-large fee that establishes a precedent.¹ That fee is essentially trivial to Meta, but becomes an effective moat against new upstart rivals. The possibility of losing everything is the stick they wield to encourage the copyright owners to agree to accept only a medium-large fee.

¹ Not necessarily a formal legal precedent, but at least a floor on the "market value" of access to the data