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.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.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.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.The pair are seeking compensatory damages of $28 million, as well as $95,000 as interest, as well as attorneys’ fees, and costs.“Defendants have failed and refused to respond to plaintiffs’ written notice and demand for payment,” Swizz Beatz and Timbaland’s lawyers wrote in the complaint, according to Billboard. “To 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.”Triller did not immediately respond to The Post’s request for comment — but Swizz Beatz and Timbaland’s legal reps claim in the suit: “The aforesaid defaults constitute material breaches of the agreement by defendants.
Read more on nypost.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.