Beenie, Bounty to benefit as Verzuz sold to Triller
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Timbaland and Swizz Beatz Talk Selling Verzuz to Triller [WATCH]
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Timbaland and Swizz Beatz's 'VERZUZ' Acquired by Triller Network: The two founders are now also shareholders in Triller and will give a part of their equity to the 'VERZUZ' participants.
“This a momentous occasion not only for Verzuz and Triller but the music business as a whole,” Swizz and Timb noted. By putting Verzuz in the Triller Network ecosystem and expanding the Verzuz brand to be side by side with the powerful Triller app, we will be able to continue to grow and evolve the music business as a whole, as we have been doing.”
In addition to Swizz and Timb joining the management squad, they also saw to it that all Verzuz performers (43 so far) receive equity stake, from their own portion of the equity. They are now the largest shareholders in Triller Network.