Triller Agrees to Pay Sony Music $4.57 Million to Settle Breach of Contract Lawsuit: Filing
variety.comTodd Spangler NY Digital Editor Triller reached an agreement with Sony Music Entertainment to pay $4.57 million to settle the music label’s breach of agreement lawsuit against the TikTok-style video sharing app, according to a court fling.
Triller has admitted liability in the dispute, according to the filing, submitted by Sony Music’s lawyers April 26 to the federal district court judge in the case.
Reps for Triller did not respond to a request for comment Friday. A Sony Music spokesman declined to comment. “Prompt entry of judgment is needed to protect against any further dissipation of Triller’s assets or, worse still, a bankruptcy filing,” Sony Music said in the request for the court to rule on the consent agreement. “Triller is more than a year late on some of those contract payments and Sony Music should not have to wait longer to enforce a judgment to collect.” Sony Music sued Triller in August 2022 in the U.S.
District Court for the Southern District of New York, alleging that Triller had stopped paying music licensing fees in March of last year.
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