Swizz Beatz & Timbaland Respond To Michael Rainey Jr. For Calling Them ‘Sellouts’ Following ‘Verzuz’ Acquisition
Swizz Beatz & Timbaland Respond To Michael Rainey Jr. For Calling Them ‘Sellouts’ Following ‘Verzuz’ Acquisition! The Hip Hop industry has seen some impressive boss moves play out in recent weeks. Rapper-entrepreneur Jay-Z, set the bar high following his recent announcement of two lucrative moves with TIDAL and Ace Of Spades that grew his net worth by 40%. Yesterday morning (Wednesday March 10) Swizz Beatz and Timbaland announced the acquisition of their platform Verzuz by Triller in a deal that would make Timbaland and Swizz Beatz shareholders of the Triller Network. Timbaland and Swizz transferred equity stake to all the 43 performers who have ever set foot on the platform in the past among them Alicia Keys, DMX and John Legend.
It was a move lauded by many people who had the view that it was a game-changing move but that was not the case for some people. Power actor Michael Rainey Jr. took to social media to give his opinion on the situation, deeming Timbaland and Swizz Beatz, the founders of Verzuz “sell-outs” for the move. “Can’t ever jus have something of our own it’s always bout the money,” he shared in one post. “Cool move but these n***as still sellouts,” he added in a subsequent post.
It didn’t take Swizz and Timbaland long before sharing their responnse. Swizz commented under @hollywoodunlocked’s Instagram post, “But we own triller,” alongside a shrugging and laughing emoji. “We own everything tell who done that,” Timbaland added.
Timbaland and Swizz Beatz’ comments reportedly found their way to Rainy who admitted that it was “cool” the two producers offered performers an equity stake. He however still maintained that VERZUZ would’ve remained totally owned by them.
The reportedly lucrative deal sees Timbaland and Swizz Beatz become key shareholders in the Triller Network. The deal has left many confused as to what the it actually entails as further details about the exact terms weren’t given.
