According to The Shade Room, Nick Cannon is suing ViacomCBS for $1.5 billion, the estimated value of Wild 'N Out. Nick was let go by the company after comments he made on his podcast that were viewed at antisemitic.
Nick's team released a statement to the website, which states, "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."