Swizz Beatz and Timbaland Sell VERZUZ to Triller, Share Equity With Performers

All of the artists who have participated in the series are now stakeholders in the short form video app
Swizz Beatz and Timbaland’s VERZUZ has been acquired by Triller Network, the parent company of the TikTok competitor Triller. While the exact nature of the deal was undisclosed, it was announced that the two VERZUZ founders are now “larger shareholders” in the Triller Network and that they have allocated “a portion of their equity in the Triller VERZUZ combined company to all 43 creatives who have performed on VERZUZ to date.”
The list of artists who now own equity in Triller includes John Legend, DMX, Alicia Keys, 2 Chainz, Rick Ross, Too $hort, Patti LaBelle, Gucci Mane, Jeezy, E-40, Bounty Killer, Ludacris, RZA, The-Dream, Babyface, Nelly, Jagged Edge, Fred Hammond, Jadakiss, Fabolous, Brandy, Monica, Gladys Knight, Boi-1da, Hit-Boy, Ne-Yo, Johnta Austin, Scott Storch, T-Pain, Lil Jon, DJ Premier, Mannie Fresh, Erykah Badu, Jill Scott, Beenie Man, Bounty Killer, 112, Kirk Franklin, Sean Garrett, and D’Angelo.
VERZUZ has exploded in popularity in the past year, beginning as an Instagram Live series that went on to establish integrations with Apple Music and Twitter. The most recent live streaming event, featuring D’Angelo, broke from the established one-on-one “battle” format of the program and broadcasted from the Apollo Theater.
In February, Triller made headlines after Universal Music Group announced that it would be pulling its catalog from the short-form video app. UMG claimed at the time that Triller “shamefully withheld payments owed to our artists

NEW YORK, NY – OCTOBER 17: Swizz Beatz attends TIDAL X: Brooklyn at Barclays Center of Brooklyn on October 17, 2017 in New York City. (Photo by Mike Coppola/Getty Images for TIDAL)

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