Swizz Beatz and Timbaland settle down "Verzuz" Lawsuit Against Triller – HotNewHipHop

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The famed producers have told fans about their $28 million lawsuit against the video-sharing app.

Timbaland and Swizz Beatz rallied a slew of hip hop heavyweights over the summer to protest Triller. Everyone from Diddy to Styles P have used their platform to denounce the social sharing app for not paying the remaining $28 million they owe Timb and Swizz for acquiring the rights to their revolutionary Verzuz series. In March 2021, Triller announced that it would pay an undisclosed amount in cash and stock to acquire the popular social media series.

However, in August 2022, Swizz and Timbaland, the creators of the series, filed a lawsuit against the service, claiming they never received their end of the bargain. Fortunately, all parties involved reached an agreement on Thursday (September 22), settling the $28 million lawsuit.

Timbaland, Sean “Diddy” Combs and Swizz Beatz in 2019 – Paras Griffin/Getty Images for Revolt

“VERZUZ has always been a platform created by artists, for artists and with people,” Swizz Beatz and Timbaland said in a statement. “We are happy to reach an amicable settlement with Triller and continue to give fans the music. and the community they have come to know and love through the brand. »

While details of the settlement were not disclosed, Triller Executive Chairman and Co-Founder Bobby Sarnevesht said in a statement, “VERZUZ and Triller will always be a safe place and outlet for creators and their art. . Nothing will change that. The creators started this and will continue to build it. It’s a victorious moment in the Triller and VERZUZ relationship as we walk to the public markets together. Stay tuned.”

Swizz Beatz and Timbaland aren’t the only ones suing the video-sharing app. According to reports, Sony recently sued Triller for “unpaid license fees as well as copyright infringement for the use of its music after receiving notice of termination and for failing to remove the music catalog from the platform society”. Share your thoughts below.

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