Swizz Beatz and Timbaland have reportedly filed a $28 million lawsuit against Triller.
According to TMZ, the two Hip Hop titans claim the video-sharing social networking service failed to hold up the financial end of the bargain when they decided to sell their popular Verzuz platform.
Court documents obtained by the publication state Triller defaulted on its agreement after just two payments.
Swizz and Timbo said they settled with Triller after the initial default, but allege Triller continued to make one installment and then failed to pay the remaining balance.
Swizz Beatz and Timbaland started Verzuz in 2020 as a way to combat the quarantine blues. In March 2021, Verzuz was acquired by the Triller Network, the parent company of the popular Triller app.
As part of the deal, the two Grammy Award-winning producers joined Triller to help oversee its music department.
Swizz Beatz & Timbaland Merge Verzuz To Triller & Become ‘Large Shareholders’ For Music App
“This is a momentous occasion not only for Verzuz and Triller but the music business as a whole,” Swizz and Timbaland said in a joint statement at the time. “By putting Verzuz in the Triller Network ecosystem and expanding the Verzuz brand to be side by side with the powerful Triller app, we will be able to continue to grow and evolve the music business as a whole, as we have been doing.
“To have partners in Triller who share our vision, specifically to celebrate and elevate the amazing artists who continue to shape culture around the world and give the consumer more direct access, is game-changing.”
Swizz Beatz and Timbaland are seeking the $28 million plus interest. So far, neither of them have publicly addressed the lawsuit.
It never fails. I wonder if this would have happened with another platform. I never understood why Triller out of all the options they had. I don’t even feel like Triller elevated Verzuz. What a shame.
Apple gave them a good acquisition deal; but Swiss dumb ash was holding out for more money. So Apple passed
I remember watching these two sell out to Thriller and going on on Instagram pop and champagne bottles pouring them in the glasses… Swizz always goes around with them better than people attitude even though he’s Egyptian in a black american world making money but hats how Arabs very themselves of blacks
Stfu, idiot.
“Triller was launched in 2015 by co-founders David Leiberman and Sammy Rubin.” With people who have names like that involved on Triller’s end, how is anyon e surprised Timbaland and Swizz getting j0o’d..
The fact of the matter is Verzuz had its run. It is now flaming out. People have mostly lost interest in Verzuz. Triller is probably losing money and decided to exit while they still can.
So the truth always comes out. I remember some celebrity (can’t remember which one) calling them out for selling it saying why can’t we keep SOMETHING Black-owned and Swizz went into this whole defensive shit about how the dude didn’t know what he was talking about because “We are Triller” as if he had some ownership in Triller. Now here we go. You’re suing yourself Swizz? Is that what you’re telling me? Backwards as FUQ. While everybody was getting on Irv for his Ashanti comments on Drink Champs, the more disturbing part of the interview was this dude gloating about how his rich billionaire friend is going to front him $250 million dollars so he can OWN his own movies and television shows and he actually thinks he’s going to own something. Goofball. Your RICH BILLIONAIRE FRIEND is going to own everything he paid for. What’s the matter with these dudes? Nobody wants to build slow and actually own. Everybody wants to front.
All facts i was saying they were sell outs right when they sold us to Triller.
sold us ??? there is no US you don’t have nothing to do with them
meh none of these catalogs actually bringing back any money its a whole lot of money laundering goin on now the music from the 60s-80s will forever make money but by mid 90s on doesnt have much replay value to the new generations
HOW DID WE ALLOW OUR VIEWERSHIP…ON A FREE IG PLATFORM GET LLC’D AND GET SOLD TO TRILLER?? WHEN DID KNOW OUR FREE TIME SPENT ON BLACK MAGIC WOULD BE SOLD??? TIMBERLAND IS SO LOW AND SWIZZ NEVER CARED BUT FOR A BAG. OUR TOP PRODUCERS ARE SELLING OUT. F VERSUS. I WILL NEVER WATCH ANOTHER ONE OF THOSE BLACK MAGIC STEALING SHOWS AGAIN!!!
you sound like a hater