Is Megan Thee Stallion a free lady? That’s what the “Bongos” rapper declared after years of battling her former label, 1501 Licensed Leisure.
“This a part of my album may be very a lot so funded by Megan as a result of we’re attempting to get off… Y’all know what’s the tea. However I’ve no label proper now,” stated Megan, 28, throughout an Instagram Live session on October 12. Megan stated that her upcoming music is being funded out of her personal pocket and can be underneath the “Sizzling Woman Productions” banner. “The subsequent sh-t y’all about to see about to be all straight from Megan Thee Stallion, Megan Thee Stallion’s mind, Megan Thee Stallion pockets.”
“We’re in my pockets, hotties!” she advised her followers, stressing that she’ll want their help now that she’s taking good care of the whole lot. “I’m so excited to be doing one thing for the primary time impartial[ly] because it was simply me and my mama.”
“It’s actually simply me, this go round till we signal to a brand new label. However, I don’t wanna signal to a brand new label proper now as a result of I simply wanna do it myself,” Meg added.
Megan The Stallion first clashed with 1501 Licensed Leisure, the label based in 2016 by ex-MLB participant Carl Crawford, in 2020. She sued the label, claiming they have been blocking her from releasing music whereas refusing to barter or terminate a contract she known as “totally conscionable,” per The Fader.
When Megan signed a administration cope with Roc Nation in 2019, the attorneys for Roc Nation discovered that her deal break up the recording earnings 60-40 in favor of 1501 and that they bought a lower of earnings streams outdoors of recorded music, which incorporates stay exhibits and industrial offers.
The decide later dominated in favor of Megan in 2020, ensuing within the launch of her Suga EP. The clashes continued once more, with Megan suing over the label blocking a remix of BTS’s “Butter.”
She additionally sued the label in 2022 over whether or not or not her 2021 compilation album, One thing for Thee Hotties, counted as an “album.” Megan argued that it did, and together with 2022’s Traumazine and 2020’s Good Information, she believed she fulfilled the variety of albums she was to document underneath her cope with 1501.
The label countersued, saying that One thing for Thee Hotties – being a set of beforehand launched freestyles and unreleased archive tracks – solely had 29 minutes of latest materials and wasn’t pre-approved by the label.
Megan later amended the preliminary criticism, demanding $1 million in damages. In December 2022, a Texas decide rejected 1501 Licensed Leisure’s request that One thing for Thee Hotties be declared lower than an album underneath her contract. This ruling would pave the way in which for a trial to begin. Nevertheless, The Fader famous that lower than 1 p.c of those artist-label disputes ever attain court docket, with one or each events opting to settle as an alternative.