Swizz Beatz and Timbaland sue Triller for $28 MILLION after failing to pay Verzuz

Hip hop producers Swizz Beatz and Timbaland are joining forces to sue the buyer of their popular music competition chain Verzuz after they said the company failed to pay.
Swizz Beatz (real name: Kasseem Dean) and Timbaland (Timothy Mosley) have filed a lawsuit against social media video platform Triller for $28 million, according to documents obtained by TMZ.
They claim in the lawsuit that the platform has repeatedly failed to make the necessary payments after purchasing the video series, despite allegedly coming to a settlement after the first default.

In court: Swizz Beatz (R) and Timbaland (L) are suing social media platform Triller for $28 million after allegedly failing to pay their Verzuz series, TMZ reported Monday ; seen in 2019 in Atlanta
Swizz Beatz, 43, and Timbaland, 50, had the idea of a musical duel early on when he was about the coronavirus pandemic, and they won their first gig in March 2020.
Each event features two famous stars, usually from hip hop or R&B, as they balance playing their most popular songs while competing against each other.
Each episode often features commentary by the artists on the making of their iconic tracks. Although fans at home kept points, there was no official score and no winner declared.

Nonpayment: The lawsuit says Triller agreed to buy Verzuz in January 2021, but defaulted on two payments. After reaching an agreement, it defaulted again; Swizz (centre) seen with (L – R) Dj Runna, will.i.am and Timbaland in May
The lawsuit states that the producers agreed to sell the Verzuz rights to Triller, a TikTok competitor, in January 2021.
However, they claim that the social media company bankrupted the deal after just two payments.
Although they later reached an agreement, they allege that Triller once again defaulted on just one more payment, though it’s unclear how much the company has paid so far.

Paying: In addition to the $28 million beat makers are asking, they’re also looking to profit from it; seen together in 2018 in New Jersey
In addition to the $28 million beat makers are asking, they’re also looking to profit from that money.
So far, Triller has yet to comment on the lawsuit.
The creators of the series were its first opponents in battle on March 24, 2020, and subsequent episodes in the first season featured T-Pain against Lil Jon, Teddy Riley against Babyface two. Once, Erykah Badu confronts Jill Scott and Nelly raps against Ludacris.

Showdown: Each event features two famous stars, usually from hip hop or R&B, at the expense of playing their most popular songs while trying to compete against each other; Lil Wayne seen at Verzuz of Bone Thugs-N-Harmonyy and Three 6 Mafia in December
Source: | Dailymail.co.uk