Timbaland And Swizz Beatz Reach A Settlement With Triller Over The Verzuz Acquistion

Timbaland and Swizz Beatz have reached a settlement in their legal battle over the sale of Verzuz. Launched in March of 2020, Verzuz showcased artists, producers, and songwriters as they played their biggest hits side-by-side for their fans via live stream. Verzuz was sold to the video-sharing platform, Triller in January 2021, however, Timbaland and Swizz filed a lawsuit this past August, claiming Triller owed them $28 million.

As of today, the two parties have arrived at a settlement that will increase the ownership stake given to the artists that Timbaland and Swizz Beatz brought to Triller in the original deal.

“Verzuz has always been a platform that is by the artists, for the artists and with the people,” said founders Swizz Beatz and Timbaland in a joint statement. “We’re glad to come to an amicable agreement with Triller and continue giving fans the music and community that they’ve come to know and love from the brand.”

Fans can look forward to seeing more Verzuz competitions in the near future from the comfort of their screens.

“Verzuz and Triller will always be a safe place and outlet for creators and their art. Nothing will change that,” said Bobby Sarnevesht, Executive Chairman and Co-Founder of Triller in a statement. “Creators started this and will continue building it. This is a victorious moment in the Triller and VERZUZ relationship as we march together toward the public markets. Stay tuned.”

Funk Flex Debuts An Unreleased DMX Song After Challenging Swizz Beatz To Dig Into X’s Vault

DMX’s passing in April 2021 shook the hip-hop world to its core, especially after seeing him look so jovial in his 2020 Verzuz battle with Snoop Dogg. While the legendary rapper no longer exists on this plane, he left behind his classic discography that has been and will be hailed for generations. Though his first posthumous album Exodus, recorded while X was still alive and executive produced by Swizz Beatz, was shared a month after his passing, for some, namely Funkmaster Flex, it wasn’t enough.

On last week’s Hot 97 radio show (September 1), the DJ challenged Swizz to send him a record from X’s vault. Evidently, Swizz Beatz answered the call as Flex debuted an unreleased Dark Man X record on his Thursday night (September 8) radio show. The song samples Big Daddy Kane’s 1988 record “Ain’t No Half-Steppin’” and features production from Marley Marl.

“Unreleased, we don’t know when it’s coming out,” exclaimed Flex after playing some of the track. Notably, Swizz Beats can be heard on the record saying “When I say ‘DMX,’ y’all say ‘The great.” Rightfully so.

Swizz Beatz has spoken previously on how he wants to handle X’s music that has yet to be released in an interview with The Breakfast Club. “Let’s do something masterful with it. Let’s treat it as art and curate it to where it adds to his legacy and is not just a blip of a moment that seems like it works, but you still don’t understand the whole story.”

Check out the unreleased DMX record via Swizz Beatz and Funk Flex above.

Diddy Joins Kanye And Swizz Beatz In Adidas Boycott, Vows To Never Wear Adidas Again

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Over the last week, Kanye has been vocal about his frustrations with Adidas, calling out the Senior Vice President and General Manager of Adidas, Daniel Cherry III, on IG along with the footwear giant’s executive board. Kanye also claimed that Adidas had tried to offer him $1 billion for Yeezy and even issued an ultimatum to Adidas saying that unless they abided by his terms, he would end his partnership with the brand today, September 6.

Following his string of posts on IG, many came in support of Ye, even Swizz Beatz who called Adidas copying Ye’s designs “DEAD WRONG.”

“I usually mind my business but this is DEAD WRONG! If we let them do this to @kanyewest it will happen to us also! This man created this groundbreaking innovation and it should be respected as a creative ! YE is only asking for his work to be respected and not stolen that’s not crazy to me !! We not buying these !!!!!!!!!!!! @adidas you’re supposed to be original do the correct thing please !!!” 

Recently, Diddy has joined the two in their Adidas boycott. He went on to post the text exchange between him and Kanye where he asked Ye if he could send him something that he could post on social media in support of Ye. In the caption of the post, Diddy vowed never to wear Adidas shoes until they made things right with Ye.

“Since the era of Run-DMC, @Adidas has always used Hip Hop to build its brand and make billions off of our culture,” Diddy said. “BUT WE ARE MORE THAN JUST CONSUMERS NOW, WE’RE THE OWNERS. @KanyeWest and @Yeezy are the reason Adidas is relevant to culture. WE KNOW OUR VALUE! I’m done wearing Adidas products until they make this right!! We have to support each other!! Everybody repost this please!!”

In a post on his IG yesterday, Kanye posted a message that seemed as if he had either left Adidas or the company finally gave into his demands. The message read “I could hear the joy in my teams voices today. Adidas don’t want no more smoke. The movie credits are rolling. This war wasn’t about money. It was about control of our families, of our business, of our story. I gave them the opportunity to settle this quietly. Now it’s time for Gap : )”

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Swizz Beatz Supports Kanye In Stance Against Adidas + Hints At Boycott

Kanye West

Kanye West has been making headlines recently because of his public rants about his business deal with Adidas. Since then, record producer Swizz Beatz has stepped in to support the Yeezy creator. It appears Kanye is at war with not only the mother of his child, Kim Kardashian. His last few rants on Instagram hint […]

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Diddy Says He’s ‘Not F*ckin’ With Triller’ Because Of The Swizz Beatz And Timbaland ‘Verzuz’ Lawsuit

It was reported earlier this week that Swizz Beatz and Timbaland are suing Triller for $28 million after the company never paid up for their rap battle show Verzuz. Now Diddy is speaking up to express solidarity with the two rappers.

On a joint Instagram live with So So Def founder Jermaine Dupri, Diddy said, “Since we ain’t f*ckin’ with [Triller] no more, since they’re f*ckin’ around with our boys, we don’t need to be going against each other. Let’s come together and do that Bad Boy-So So Def in Atlanta. It ain’t no Verzuz, it’s just hit-for-hit.”

He added after, “We’re not f*ckin’ with Triller until they take care of Swizz and Tim for Verzuz. Nobody f*cks with Triller until they take care of Tim and Swizz for Verzuz, ’cause Tim and Swizz is Verzuz.”

The suit, filed Tuesday, said that Triller “unequivocally and unconditionally guaranteed to Mosley and Dean the payment and performance of Triller Hold’s obligations under that agreement and related agreements.” Triller allegedly paid them in January and April 2021, but then defaulted on the next required payment.

March of this year marked the two-year anniversary of Verzuz and they celebrated with a documentary. Since its inception, it has held numerous duels between the likes of The Lox, Dipset, Nelly, Ludacris, Keyshia Cole, Ashanti, Jill Scott, Erykah Badu, E-40, Too Short, Gucci Mane, Jeezy, and many more.

Triller Responds To $28M Verzuz Lawsuit: Swizz And Tim Have Been Personally Paid Over $50 Million In Cash

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Less than a day following the news that Swizz Beatz and Timbaland were suing Triller to the tune of $28 million for breach of contract concerning the Verzuz platform, the company has responded with a statement, saying that not only have Swizz Beatz and Timbaland already been paid an overwhelming amount, but also the two super producers have not yet met the additional requirements to receive the remaining balance.

TMZ first reported that the TikTok rival was firing back at Swizz and TIm, saying that their agreement with Triller is far different than how it is being presented to the public. “This is not a feud over Verzuz, but simply about earn-out payments to Swizz and Tim,” said Triller’s official statement. “Swizz and Tim have personally been paid by Triller over $50 million in cash and stock to-date, and they stand to benefit even more over time. In addition, they have annual obligations, which if met, and no breach has occurred, entitles them to additional payments.”

Triller continued with claims that Swizz and Timbaland have not met the terms of their initial agreement:

“Only one payment of $10 million is in question. We do not believe they have met the thresholds for that payment yet, which include, but are not limited to, delivery of a set number of Verzuz events for 2022. We have been trying to resolve this amicably and this does not affect Verzuz operations or Triller’s ownership of Verzuz. If this does proceed in court, we look forward to a judgment that weighs all the facts.”

Swizz Beatz and Timbaland’s lawsuit reads “To date, Defendants have failed and refused to make any payment to [Swizz Beatz and Timbaland] of the past due sums due and owing.”

To the dismay of many fans, Verzuz was sold to Triller in January 2021.

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Swizz Beatz & Timbaland File $28M Lawsuit Against Triller Over Verzuz Payments

Swizz Beatz x Timbaland

Swizz Beatz and Timbaland are now suing Triller for not following through with their end of the agreement. Suing Triller According to reports Swizz and Timbaland are now suing Triller for $28 million after failing to hold up their end of the payment agreement. The details in the lawsuit state that Triller only made a […]

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