Triller has now raised a total of $400m. “Given past controversies around the company’s public statements on user figures, there will be plenty of interest in its S-1 filing and/or prospectus,” was Music Ally’s thoughts about any upcoming IPO at the start of July; the IPO filing was a confidential one and we’re still keen to see its contents.
Which brings us to the second Triller story of the day: Sony filed a lawsuit yesterday claiming that Triller has not only failed to make “monthly payments […] totaling millions of dollars,” but has also continued to provide Sony’s music catalogue for use on the platform, despite SME terminating their deal on August 8th
