Triller settles lawsuit with Timbaland and Swizz Beatz
https://techcrunch.com/2022/09/23/triller-settles-lawsuit-with-timbaland-and-swizz-beatz/
Last month, Grammy-winning artists Timbaland and Swizz Beatz sued TikTok competitor Triller for $28 million. Triller acquired their livestream event series Verzuz last year, but the two musicians alleged that the social app had missed several large payments, prompting them to file a lawsuit.
Now, Triller has settled with Timbaland and Swizz Beatz, but the terms of the settlement are not disclosed. However, Timbaland and Swizz Beatz will now own a larger share of the company.