Report: Nick Cannon To Sue Viacom For $1.5 Billion
After being fired by the network (as we previously reported) Nick Cannon has plans to sue Viacom for $1.5 billion, as The Shade Room reports. “It is just that simple, Wild’N Out belongs to Nick!,” Cannon’s team said in a 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 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.”
Cannon’s team also said that the actor and comedian plans to use the money from the lawsuit to invest in better education in underserved communities, as well as to create psychological programs, youth organizations, and developing inner-city communities.“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,” his team said.
