Nick Cannon Reportedly Set To Sue ViacomCBS For $1.5 Billion

Nick Cannon is reportedly set to sue Viacom for the estimated value of ‘Wild’n Out.’

We previously reported that Viacom decided to cut ties with Nick Cannon following comments he made about the Jewish Community.  Nick Cannon is seeking legal action for his popular show Wild’n Out. “It is just that simple, ‘Wild’N Out belongs to Nick!,” his team reported shared 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 inequality.”

“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.”

We’ll keep you updated on this situation.