Final answer:
No, it is false. Parodies of copyrighted material are not a per se violation of copyright law. They are protected by the First Amendment, as recognized by the Supreme Court in the case of Hustler Magazine v. Falwell.
Step-by-step explanation:
No, it is false that the Supreme Court has held that parody of copyrighted material is a per se violation of copyright law. The Supreme Court has actually recognized that parodies of public figures are protected by the First Amendment, which guarantees the freedom of speech. In the case of Hustler Magazine v. Falwell, the Court ruled that parodies of public figures, even those intended to cause emotional distress, are protected under the First Amendment.