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August 17, 2022 03:18 pm
Original Link: https://www.theverge.com/2022/8/17/23309519/timbaland-swizz-beatz-sue-triller-verzuz-acquisition-28-million-payment
Timbaland and Swizz Beatz sold Verzuz to Triller and now they say Triller didnt pay
Timbaland and Swizz Beatz are suing Triller after the short-form video platform allegedly failed to make a $28 million payment for the acquisition of their live music face-off series, Verzuz.
The music-producing pair claim Triller hasn’t followed through on any of its required payments since January. According to the lawsuit, which was filed in a Los Angeles County Superior Court on Tuesday, Triller allegedly failed to pay Timbaland and Swizz Beatz in January and later agreed to a settlement that would require it to pay $18 million in March and $1 million every month for the next 10 months. But those payments supposedly haven’t come through either.
“To...
Original Link: https://www.theverge.com/2022/8/17/23309519/timbaland-swizz-beatz-sue-triller-verzuz-acquisition-28-million-payment
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