4:23:17 AM PDT - Thursday, September 29th, 2022

Triller settles lawsuit with Timbaland and Swizz Beatz  

By Editor - Fri Sep 23, 1:58 pm

Last month, Grammy-winning artists Timbaland and Swizz Beatz sued TikTok competitor Triller for $28 million. Triller acquired their livestream event series Verzuz last year, but the two musicians alleged that the social app had missed several large payments, prompting them to file a lawsuit. Now, Triller has settled with Timbaland and Swizz Beatz, but the terms of the settlement are not disclosed. However, Timbaland and Swizz Beatz will now own a larger share of the company. When the two artists filed the suit, Triller had missed a big payment to them in January, so the parties agreed that Triller would pay them $18 million by March 20, followed by $1 million per month for the next 10 months. The lawsuit claimed that Triller had not made any of these payments. Triller, however, said that only one $10 million payment is in question

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Triller settles lawsuit with Timbaland and Swizz Beatz

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