The Shade Room broke the news, Nick’s team says the entertainer is planning to bring the suit against his old company in the near future. The outlet says Nick is going to seek $1.5 billion in damages, which is the estimated value of his “Wild’ N’ Out” show.
Nick’s team said to TSR, “It’s just that simple, ‘Wild’N Out belongs to Nick. Nick Cannon created the show with his idea and his original thought. Wild’N Out has brought billions of dollars in revenue to Viacom since 2015. And Nick deserves and has earned everything that’s worth it.”
Nick’s team says he plans to use the money from the lawsuit to donate to disadvantaged communities, “as well as to set up psychological programs, youth organizations, and the development of inner-city communities.”