Nick Cannon Is NOT Suing ViacomCBS For $1.5 Billion

Nick Cannon Is NOT Suing ViacomCBS For $1.5 Billion

UPDATE: Nick Cannon’s camp says he is not preparing a $1.5 billion lawsuit against ViacomCBS. Cannon’s rep said on Wednesday (Aug. 11) that reports about the massive legal action are “inaccurate,” the New York Daily News reports.

Nick’s focus right now is on unifying communities and combatting bigotry, racism and hate of all kinds, not seeking personal financial gain.

Original story: Recently Nick Cannon was let go by ViacomCBS for remarks he made on his podcast. Thousands of people took to social media to demand that Nick be fired. He issued an apology but ViacomCBS had already made their decision to cut ties with the media mogul.  After decades of working together, their partnership came to the end leaving Nick’s Show Wild N’ Out up in the wind. Now Nick is taking ViacomCBS to court and seeking 1.5 billion dollars. 

In an exclusive report by The Shade Room, Nick’s team has claimed, “It is just that simple, ‘Wild’N Out belongs to Nick!,” according to reports in the statement. “The show was created by Nick Cannon with his idea and original thought. Wild’N Out has brought billions of dollars in revenue to Viacom since 2015. And Nick deserves and has earned everything it is worth.”

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#TSRExclusive: #NickCannon has been the face of #WildNOut since its conception, and now that #Viacom has chosen to terminate its relationship with him, Nick is taking legal action to take back his show! _____________________________________ #ViacomCBS decided to sever ties with Nick following his statements regarding the Jewish community, which many have deemed as controversial, and we have just learned that Nick plans to sue the company for $1.5 billion. _____________________________________ “It is just that simple, ‘Wild’N Out belongs to Nick!,” his team says in an exclusive statement. “The show was created by Nick Cannon with his idea and original thought. Wild’N Out has brought billions of dollars in revenue to Viacom since 2015. And Nick deserves and has earned everything it is worth.” _____________________________________ “From the platforms he provides for other entertainers, the jobs he creates for black youth, the time he gives to mentoring incarcerated men and women, to the money he gives back and puts into communities, homelessness, and people less—click the link in our bio to read more! (📸: @gettyimages)

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“From the platforms, he provides for other entertainers, the jobs he creates for black youth, the time he gives to mentoring incarcerated men and women, to the money he gives back and puts into communities, homelessness, and people less fortunate. He is constantly evolving both spiritually and mentally, as well as, taking action in learning, education and bridging the gap within the Jewish and African American communities so that it will allow us to build relationships, work together and learn from each other in order to move forward in equality.”

“If Viacom believes in growth, equality, education, then Viacom will do what is right and pay Nick what they owe, and giving him his $1.5 brand.”

Nick Cannon may have a case and we just have to sit back and watch how it unfolds. Wild N’ Out has been successful and Nick deserves his share. What are your thoughts, do you think he has a chance?

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