Megan Thee Stallion got on Instagram Live and explained the issues she is having with her first label 1501 Entertainment. 1501 Ent. is owned by ex-MLB player Carl Crawford and T Farris. According to Megan Thee Stallion, they informed her she was not allowed to drop any new music.
Megan explained how her and her mama were doing everything themselves. They met with T Farris who said she should sign with 1501 Entertainment. Her mama, as her manager, handled all the paperwork. So, they signed with 1501. She later signed with another independent label 300 Entertainment. So, she is currently signed to two independent labels.
Well, the problems started after she signed a management deal with Roc Nation. When she signed with Roc Nation she got "real" lawyers. Lawyers not connected to the labels. Those lawyers pointed out issues with her 1501 Ent. contract. Megan said she was not mad at 1501 because they were family and she thought she could just ask to re-negotiate her contract. When she asked to re-negotiate that is when all the drama we saw on social media happened. Now, they are trying to prevent her from dropping any new music. #FreeMegan
This is why I asked about who is the female Jay Z at? Yeah, she is with Roc Nation but I don't expect the same support Lil Uzi Vert got, even though I should. The female rappers need that OG that is looking out for their best interest, not trying to prolong old beefs. There should be a management company owned by a female rapper or a group of female rappers. Why can't there be a management company where the clients own part of it like Tidal?
This video is long, but I believe people need to hear her full explanation before they say make up something for content.
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