Verzuz may have some of the most-watched live streams in Instagram history — but founders Swizz Beats and Timbaland say that they have not made a cent from the series — and that they have turned down millions of dollars.
“Tonight represented the authentic zone of why we didn’t sell 50% of the company for millions of dollars, the authentic zone of why we turned down millions and millions of dollars to the vultures, just wanting to put a name next to name, but no respect for what we do. We haven’t made one cent off of VERZUZ yet,” the duo explained.
“That don’t mean that we not business, but what we have is something that is, we have a museum. VERZUZ is a museum, it’s an educational, celebrational platform. What Beanie Man and Bounty Killer did tonight, was iconic. They was just gonna leave Beanie Man, and Bounty Killer on the side of the road, and what did VERZUZ do Tim?”