Embed from Getty Images

Nick Cannon is reportedly planning to file a $1.5 billion lawsuit against ViacomCBS, the estimated value of his hit television show, “Wild N’ Out.”

ViacomCBS ended their 20-year partnership with Nick over anti-Semitic remarks he made about the Jewish community during an episode of his podcast.

Nick, in turn, demanded a full apology and the rights to “Wild N’ Out.”

In an exclusive statement to The Shade Room, Nick’s team stated:

It is just that simple, ‘Wild’N Out’ belongs to Nick! 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.

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 is currently trending on social media as people react to the news of his lawsuit.

Peep the tweets:

Do you think Nick Cannon will win his lawsuit against ViacomCBS?