In an Instagram Live session that engaged her fans, Megan Thee Stallion, the talented singer and rapper, announced her official separation from her former record label, 1501 Certified Entertainment. During this candid interaction, she confirmed that she is presently without any record label and made it clear that she is now financing her projects entirely from her own resources.
Megan Thee Stallion stated, “Y’all know what’s the tea. But I have no label right now. We’re doing everything funded straight out of Megan Thee Stallion’s pockets. So, the budget is coming from me.”
Furthermore, Megan hinted at forthcoming significant developments, suggesting that her fans should look forward to exciting new projects that are a direct product of her creativity and financial support. She enthusiastically expressed, “The next s**t y’all about to see is all straight from Megan Thee Stallion’s brain and her own wallet.”
In an encouraging message to her devoted followers, she exclaimed, “We are in my pockets, hotties, so let’s do our big one.”
Megan Thee Stallion’s departure from her former record label, 1501 Certified Entertainment, follows a protracted legal battle that spanned two years. The artist had been outspoken about her dissatisfaction with the record label, alleging that she was offered a contract that was significantly below industry standards when she signed with them in 2018, which she referred to as “unconscionable.”
This dispute led Megan to file two lawsuits against 1501 Certified Entertainment. The initial lawsuit, filed in February 2021, contended that her album “Something For Thee Hotties” had been incorrectly categorized as something other than an album. In the second lawsuit, filed in 2022, Megan asserted that the label had failed to deliver the royalties she was owed and sought compensation totaling over $1 million in damages.
Megan Thee Stallion’s public announcement of her departure from her previous record label marks a new phase in her career, one in which she enjoys greater control over her creative direction and financial affairs. Her fans can eagerly anticipate a wave of new and independent projects, all directly overseen by the artist herself.
