\n<\/aside>\nThe hit streaming rap-battle show, which was created by the two hip-hop producers in 2020, pits music artists against each other in the form of freestyle rap.<\/p>\n
Swizz Beatz, whose real name is Kasseem Dean, and Timbaland, real name Timothy Mosley, agreed to sell the series’ rights to Triller, a TikTok competitor, in January 2021, TMZ first reported.<\/p>\n
But now, the pair allege the company, created in 2015 by financier Ryan Kavanaugh, defaulted on the deal after just two payments, according to documents obtained by the outlet.<\/p>\n
It’s reported that a new payment plan was later agreed upon, however, Timbaland and Swizz Beatz claim they haven’t seen the money hit their accounts yet after it was due in January.<\/p>\n
The pair are seeking compensatory damages of $28 million, as well as $95,000 as interest, as well as attorneys’ fees, and costs.<\/p>\n
\u201cDefendants have failed and refused to respond to plaintiffs’ written notice and demand for payment,\u201d Swizz Beatz and Timbaland’s lawyers wrote in the complaint, according to Billboard. \u201cTo 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.\u201d<\/p>\nSwizz Beatz and Timbaland launched \u201cVerzuz\u201d in March 2020.<\/figcaption>WireImage<\/span><\/figcaption><\/figure>\nSwizz Beatz and Timbaland’s legal reps claim in the suit: \u201cThe aforesaid defaults constitute material breaches of the agreement by defendants. By reason of defendants’ continuing uncured defaults, the sum of $28,095,000.00 is immediately due to be paid under the agreement.\u201d<\/p>\n
In a statement to The Post, Triller called the argument \u201ctruly unfortunate.\u201d<\/p>\n
\u201cWe hope it is nothing more than a misunderstanding driven by lawyers,\u201d the company said. \u201cWe do not wish to air our dirty laundry in the press, but we have paid Swizz and Tim millions in cash and in stock.\u201d<\/p>\n
Triller continued, \u201cNo one has benefited as much from Triller to-date. Triller has helped fuel VERZUZ to new heights \u2013 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. <\/p>\n
\u201cIf we are forced to defend it, we are more than optimistic the truth and facts are on our side.\u201d<\/p>\nThe two hip-hop producers agreed to sell the series’ rights to Triller, a TikTok competitor, in January 2021.<\/figcaption>Getty Images<\/span><\/figcaption><\/figure>\nSwizz Beatz \u2014 who is married to singer Alicia Keys \u2014 joined forces with Timbaland in the early stages of the pandemic to bring \u201cVerzuz\u201d to life.<\/p>\n
The pair went head-to-head in a rap battle in March 2020, igniting major interest in the show which later saw some of the biggest names in rap take to the stage.<\/p>\n
John Legend, Keys, 2 Chainz, Rick Ross, Too $hort, Patti LaBelle and Gucci Mane are just some of the huge names who have taken part in the series.<\/p>\n<\/p><\/div>\n
.<\/p>\n","protected":false},"excerpt":{"rendered":"
Music producers Timbaland and Swizz Beatz slapped social media video platform Triller with an eye-watering $28 million lawsuit over alleged failed payments after selling their popular \u201cVerzuz\u201d series. The hit streaming rap-battle show, which was created by the two hip-hop producers in 2020, pits music artists against each other in the form of freestyle rap. …<\/p>\n
Timbaland, Swizz Beatz sue Triller for $28M over ‘Verzuz’<\/span> Read More »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[5],"tags":[329,2943,109,110,111,46,18559,18509],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":48007,"url":"https:\/\/harchi90.com\/swizz-beatz-and-timbaland-sue-tiktok-rival-triller-for-28m-over-acquisition-of-dj-battle-show-verzuz\/","url_meta":{"origin":48153,"position":0},"title":"Swizz Beatz and Timbaland Sue TikTok Rival Triller for $28M Over Acquisition of DJ Battle Show ‘Verzuz’","date":"August 17, 2022","format":false,"excerpt":"Timbaland and Swizz Beatz filed a $28 million lawsuit against embattled social media app Triller on Tuesday, alleging that the company has missed several payments to the pair since acquiring their live-streamed DJ battle show Verzuz. The music producers sold Verzuz, originally a remote Instagram show launched in the midst\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47567,"url":"https:\/\/harchi90.com\/timbaland-swizz-beatz-sue-triller-for-28m-over-verzuz-deal-the-hollywood-reporter\/","url_meta":{"origin":48153,"position":1},"title":"Timbaland, Swizz Beatz Sue Triller for $28M Over ‘Verzuz’ Deal \u2013 The Hollywood Reporter","date":"August 17, 2022","format":false,"excerpt":"a new Verzuz battle is brewing. Timbaland and Swizz Beatz on Tuesday evening sued Triller for breach of contract, alleging they're owed more than $28 million from the aspiring TikTok rival. Timbaland and Swizz Beatz launched the series on Instagram just after the COVID-19 pandemic hit the US in March\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47769,"url":"https:\/\/harchi90.com\/swizz-beatz-timbaland-sue-triller-for-missing-verzuz-payments\/","url_meta":{"origin":48153,"position":2},"title":"Swizz Beatz, Timbaland Sue Triller For Missing Verzuz Payments","date":"August 17, 2022","format":false,"excerpt":"Timbaland and Swizz Beats filed a $28 million dollar lawsuit against social media app Triller, alleging the company has missed numerous payments to the two producers since Triller acquired their rap battle show Verzuz last year. In the suit, filed in Los Angeles Superior Court on Tuesday, Swizz and Timbaland\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48037,"url":"https:\/\/harchi90.com\/timbaland-swizz-beatz-sue-triller-over-28-million-in-missing-payments\/","url_meta":{"origin":48153,"position":3},"title":"Timbaland, Swizz Beatz sue Triller over $28 million in missing payments","date":"August 17, 2022","format":false,"excerpt":"Placeholder while article actions loadMusic artists Swizz Beatz and Timbaland sued Triller Tuesday, alleging the social media platform owes them more than $28 million after acquiring their live-streaming music series Verzuz.Triller acquired Verzuz, a webcast series pitting musical acts against one another, in January 2021 for an undisclosed sum. \u201cThis\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21292,"url":"https:\/\/harchi90.com\/issa-raes-rap-sht-is-the-show-we-thought-atlanta-would-be\/","url_meta":{"origin":48153,"position":4},"title":"Issa Rae’s ‘Rap Sh!t’ Is the Show We Thought ‘Atlanta’ Would Be","date":"July 21, 2022","format":false,"excerpt":"Back in 2015, FX announced its newest comedy with a simple logline: \u201cAtlanta revolves around two cousins \u200b\u200bon their way up through the Atlanta rap scene.\u201d That brief summary implied a different kind of show than the one Atlanta turned out to be: a screwball sitcom about an odd couple\u2026","rel":"","context":"In "Entertainment"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/08\/triller1.jpg?quality=75&strip=all&w=1024","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/48153"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=48153"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/48153\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=48153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=48153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=48153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}