Nick Cannon is reportedly planning on suing Viacom for $1.5 billion, the estimated value of Wild’n Out.
Cannon says he started the show from the ground up back in 2005. Using his own money to bring the show to the MTV network.
In an exclusive statement, Cannon’s team told the Shade Room that the show is Nick’s. Saying, “It is just that simple, Wild’n Out belongs to Nick! The show was created by Nick Cannon with his idea and original thought.” They went on to say “Wild’N Out has brought billions of dollars in revenue to Viacom since 2015. And Nick deserves and has earned everything it is worth.”
According to The Shade Room, Nick “plans to use the money from the suit to invest in better education in underserved communities, as well as creating psychological programs, youth organizations, and developing inner-city communities.”