Swizz Beatz and Timbaland Sue Triller, Seeking $28 Million for Verzuz Rap-Battle Deal
- Thread starter Optimus Prime
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- verzuz
Yaboysix
That nikka
Of course they are suing…
If you know the history of Triller, this shouldn’t be surprising in the slightest as this isn’t the first time they’ve screwed people over.
Hope they get their bread
But them nikkas should have done they homework on triller first.., from employees and previous lawsuits u should have been cautious getting involved with them snakes
But them nikkas should have done they homework on triller first.., from employees and previous lawsuits u should have been cautious getting involved with them snakes
This might be worse than the missed payments. They purposefully got equity as part of the acquisition in anticipation of the IPO, which made the payments worth waiting for if triller had a liquidiy crunch. Now they arent going public, and the value of their deal is a fraction of what it was.
Uchiha God
Veteran
Triller just out here scamming?
Trajan
Veteran
Separately, Triller has been accused by multiple creators of failing to make promised payments under its announced $14 million program with 300 Black influencers to create content for the app, the Washington Post reported earlier this month.
Meanwhile, in early 2021, Universal Music Group pulled its music catalog from Triller, alleging the app maker wasn’t paying artists for the use of their music. In May 2021, the companies inked new worldwide licensing deals covering publishing and recorded music.
Looks like Tiller was just smoke and mirrors... They were tryna fake it till they make it so the company can be floated and they can cash out
Meanwhile, in early 2021, Universal Music Group pulled its music catalog from Triller, alleging the app maker wasn’t paying artists for the use of their music. In May 2021, the companies inked new worldwide licensing deals covering publishing and recorded music.
Looks like Tiller was just smoke and mirrors... They were tryna fake it till they make it so the company can be floated and they can cash out
Tone talks gonna go IN on then. Should have stayed with Apple. 
“And the white man get paid off of all of that…”
“And the white man get paid off of all of that…”
Amerikan Melanin
Veteran
They fukked up. Sold out
RadaMillz
Superstar
Cut throat business
Hard to be a big boss that way chasing all short money
I mean verzus is cold as ice now that the lockdown is over. They smartly sold at the peak just with the wrong partner.
In response, a Triller spokesperson said that the company has paid “over $50 million” in cash and stock to Swizz and Timbaland to date. The dispute concerns earn-out payments — and, according to Triller, the duo have not met the threshold for receiving the additional money.
“This is nothing more than a performance dispute,” the Triller rep said in an emailed statement. “Only one payment of $10 million was in question. We don’t believe they have met the thresholds for that payment yet, but have been trying to resolve it amicably.”
The Triller spokesperson continued, “It is unfortunate they elected to elevate this to the press as a ‘legal shakedown’ and it ignores the fact that they have deliverables which include, but are not limited to, delivery of a set number of Verzuz for 2022. We hope this was just overzealous lawyers jumping the gun… If this does proceed in court we look forward to a judgment that weighs all the facts.“
The lawsuit filed on behalf of Swizz Beatz and Timbaland seeks $28,095,000 in damages, plus applicable interest, as well as legal fees and “other and further relief as this Court deems just and proper.”
