Megan Thee Stallion slams 1501 Entertainment for being 'greedy', claims she can't release new music
American rapper singer-songwriter Megan Thee Stallion took to an Instagram video on March 1 to reveal she may be facing a contractual battle with her label 1501 Entertainment. The 'Big Ole Freak' singer claims that the label is prohibiting her from releasing new music off of her upcoming album 'Suga'.
The 25-year-old took to Instagram to share her live video on Sunday where she explained her side of the story. When she signed a management deal with Roc Nation, the entertainment agency founded by Jay-Z, they pointed out certain details about her contract she signed with 1501 when she first started out. She specifies that she was young at the time, saying, "When I signed, I didn't really know what was in my contract. I was young, I think I was, like, 20."
She says, "So when I got with Roc Nation, I got management, real management, I got real lawyers. They were like, 'Do you know that this is in your contract?' And I was like, 'Oh, damn, that's crazy, no, I didn't know'." She mentions that she wasn't mad at 1501 and wasn't looking to leave the label initially.
She says, "I wasn't upset", adding, "I'm thinking in my head, 'everybody cool, we all cool, we family, it's cool, it's nice.'" That apparently changed when she asked to renegotiate her contract. "Soon as I said, 'I want to renegotiate my contract,' everything went left. It all went bad. It all went left. So now they tellin' a b***h she can't drop no music. It's really just, like, a greedy game."
She goes on to specify that they are being "greedy" and "shady" and claiming that they said "they made Megan Thee Stallion". She says, "Megan Thee Stallion was Megan Thee Stallion before I even got over there."
Watch the video here.