Nick Cannon is planning to file a $1.5 billion lawsuit against ViacomCBS for the rights to "Wild 'N Out," an MTV show he created.
TMZ claims those reports are blatantly false. Nick was fired by ViacomCBS — which owns MTV — on July 14 after he made controversial comments on his podcast that were widely viewed as vile and anti-Semitic.
While speaking on his podcast, "Cannon's Class," Nick called white people "savages" and "barbaric." Following the comments, ViacomCBS said Nick had been dropped.
Nick soon lashed out at ViacomCBS and demanded an apology, which he never got. Now, his team tells TMZ that Nick is focused elsewhere and has no plans to battle the media conglomerate in court over "Wild 'N Out," the long-running improv comedy.
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