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Top HipHop Uproxx

Timbaland and Swizz Beatz have reached an agreement in their legal battle over the sale Verzuz. It was launched in March of 2020, Verzuz showcased artists, writers, and producers who performed their greatest songs side-by-side to their fans via live streaming. Verzuz was purchased by video-sharing website Triller in January of 2021. but Timbaland as well as Swizz filed a lawsuit in august, asserting that Triller had a debt of the sum of $28 million.

As of today, both parties have reached an agreement which will boost the ownership stake granted to the artists Timbaland as well as Swizz Beatz offered to Triller in the original agreement.

“Verzuz has always been a platform that is by the artists, for the artists and with the people,” stated founders Swizz Beatz and Timbaland in an announcement jointly. “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 are sure to see more Verzuz competitions in near future, from the comfort of their homes.

“Verzuz and Triller will always be a safe space as well as a venue for artists and their work. There is no way to change that,” said Bobby Sarnevesht the Executive Chairman and Co-Founder of Triller in an announcement. “Creators have started this process and will continue to build it. This is a triumphant moment in the Triller and VERZUZ partnership as we move together towards the market for public goods. Keep an eye out for.”

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