Timbaland & Swizz Beatz file lawsuit against Triller for $28M missing from ‘Verzuz’ sale

Timbaland & Swizz Beatz have taken legal action against Triller, claiming that $28 million owed to them from the sale of ‘Verzuz’ was never paid.

‘Verzuz’, a creation born during the pandemic by Timbaland and Swizz Beatz, became an immensely popular online event where viewers on Instagram Live could enjoy musical showdowns between legendary artists.

Initially facing some challenges, ‘Verzuz’ evolved into a well-functioning platform that caught Triller’s attention and was eventually acquired by Triller for a significant sum. The matches continued to attract a larger audience when streamed on Triller, proving to be a successful partnership for both parties.

However, trouble arose following the sale of ‘Verzuz’ to Triller. According to Billboard, Timbaland and Swizz Beatz are now suing Triller for $28 million due to an alleged failure to fulfill payment obligations from the acquisition.

“Defendants have failed and refused to respond to plaintiffs’ written notice and demand for payment,” stated the lawyers representing the duo in the complaint. “To date, defendants have failed and refused to make any payment to Mosley and Dean of the past due sums due and owing, and defendants continue in default of their payment obligations.”

Triller responded to the accusations, expressing surprise at the lawsuit and labeling it a “misunderstanding driven by lawyers”.

“We do not wish to air our dirty laundry in the press, but we have paid Swizz and Tim millions in cash and in stock,” the company responded. “No one has benefited as much from Triller to-date. Triller has helped fuel Verzuz to new heights – making it the global cultural phenomenon it is today. We hope to resolve this amicably and quickly, and truly hope it’s just a misunderstanding. If we are forced to defend it, we are more than optimistic the truth and facts are on our side.”

In recent times, Triller has faced criticism for allegedly not compensating Black content creators appropriately. The lawsuit filed by Swizz Beatz and Timbaland against Triller could potentially add to the current challenges facing the platform.

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