Megan Thee Stallion stunned fans yesterday when she revealed a secret battle with a record label she signed with five years ago. A battle she says runs risk of halting the release of new music.
Now, the rising rapper/college student is taking the matter in the court room and has scored an early victory.
Full story below…
As reported, Meg says drama ensued when she asked to renegotiate the deal she signed with 1501 Certified Entertainment aged 20.
And now the legal system is involved.
Today, the ‘Hot Girl Summer’ femcee filed a lawsuit against 1501 and its head Carl Crawford.
She also filed a restraining order against the parties, which a judge in Texas granted. In the process, green-lighting a planned release of new music this week.
As for the particulars of her suit, TMZ reports that:
- Meg shared that the outrageous terms of the deal sees 1501 net 60% of her recording income. Yet, it’s from her 40% that engineers, mixers and featured artists who work on the songs are to be paid.
- Much of her live income benefits 1501 more than her.
- Proper accounting for accrued funds haven’ been provided and instead are “purposefully and deceptively vague.”
- Intimidation tactics have been used to stop producers working with her and to stop the flow of beats in her direction.
Meg is suing 1501, whose advance to her was just $10,000, for $1 million in damages.
Speaking on the suit, the rapper’s lawyer Richard Busch said in a statement:
Keep it locked for more on this evolving story.
“We are very happy the Court granted our TRO and thrilled that the world should be able to now hear Megan’s new music on March 6. We will now proceed with the other claims set forth in the [lawsuit].”