UPDATE (3/2/20, 8:01 p.m. ET): According to TMZ, Megan Thee Stallion is suing Carl Crawford and 1501 Certified Entertainment for at least $1 million in damages as they've struggled to present what she's currently owed. As it stands, 1501 gets 60% of her recording income, which is crazy. It was also revealed that Meg only received a laughable $10,000 advance after signing with the label. She's already seen a big win early in the suit, though. A district judge in Harris County, Texas, granted Meg a temporary restraining order, allowing her to release new music as she pleases! She will likely put out a new bop this Friday.
ORIGINAL POST: In today's music industry where fame can happen in the blink of an eye, artists are highly susceptible to falling victim to poorly negotiated contracts. Lil Uzi Vert briefly retired from music in early 2019 due to frustrations with his label, Generation Now, founded by mixtape kings DJ Drama and Don Cannon. Taylor Swift is at the center of an ongoing public fallout with the executives Scooter Braun and Scott Borchetta after her old label, Big Machine Records, was sold to Braun, giving him complete ownership and control of most of her catalog.
Unfortunately, it looks like Megan Thee Stallion is the latest figure to fall victim to a record label mishap. On Sunday, Meg aired out frustrations with her label, 1501 Certified Entertainment, randomly founded by former MLB player Carl Crawford, on Instagram Live.
She claimed that 1501, which is based in Meg's hometown of Houston, isn't allowing her to release new music. "I was young – I think I was like 20 – and I ain't know everything that was in that contract," she admitted. After signing with Roc Nation and consulting with experienced managers and lawyers, they made her aware of some of the shortcomings in her contract. “Soon as I said, ‘I want to renegotiate my contract,’ everything went left,” Megan recalled. “It just all went bad. It all went left. So now they’re tellin’ a bitch that she can’t drop no music. It's really just, like, a greedy game.”
You can view a clip of the Instagram Live session below, as well as a controversial Twitter thread started by Brian "Z" Zisook, editor-in-chief of DJBooth, about how artists should approach signing a contract.
We need to protect Megan at all costs!