Lawsuit was filed against Triller in August…
TrillerVerz
Recording impresarios Swizz Beats and Timbaland are suing social media platform Triller, claiming they are owed more than $28 million
The highly anticipated Verzuz IPO touted by Swizz Beatz as “the greatest creative IPO in history” appears to have collapsed.
Verzuz has held it down for the culture since its debut in 2020. Created by legendary record producers Swizz Beatz and Timbaland , Verzuz has continued to soar in popularity, and at one point, it even amassed over 136.5 million views for the music showdown battle between Brandy and Monica. Now Verzuz is leveling up on the financial side. Verzuz via Triller has plans to become a publicly-traded company on the stock market. Deadline reports, the deal will be made possible due to a reverse merger with SeaChange. Once the deal is finalized, “TrillerVerz” will become the new face and will be valued at an impressive $5 billion. TrillerVerz will trade under the ticker symbol ILLR on the Nasdaq. The merge will accomplish a shared goal to become “a leading AI-powered social media platform for content, creators & commerce,” and to “create a leading voice on the Web3.0 movement and embrace the power of decentralized systems to enable greater participation in the multi-hundred billion dollar...
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The agreement was endorsed by Melt Chairman Steve Harvey and Miral Group CEO Mohamed Abdalla Al Zaabi.