Megan Thee Stallion’s legal dispute with her old record company, 1501 Certified Entertainment, has been settled.
Thursday, the lawyers for 1501 said that both sides had “jointly come to a confidential resolution to settle their legal disputes.” The news comes right after Megan went to court for three years over a record deal she thought was “unconscionable.” According to the deal, both sides will “amicably part ways.”
The label says, “Both Megan and 1501 are happy to put this matter behind them and move on with the next part of their businesses.” Carl Crawford, the president of the label, also sent Megan his best wishes for her life and work.
No information was given about the specifics of the deal. Megan had been suing 1501 for more than three years, saying that the company had tricked her into making an unfair record deal in 2018. She said that she didn’t get legal help until “she signed a new management deal with Jay-Z’s Roc Nation in 2019. That’s when she” realised how ridiculous the contract was.
Megan filed her lawsuit in February 2022, saying that 1501 was refusing to call her 2021 release, “Something for Thee Hotties,” a “album.” This difference was very important because her record deal required her to release three songs. 1401, who quickly filed a countersuit, said that the “album” only had 29 minutes of original material. In August 2022, Megan put in another protest and asked for more than $1 million in damages. According to the filing, 1501 regularly missed payments on royalties and let marketing and promotion costs go up without a good reason. Not surprisingly, 1501 replied that the claim was not true and that Megan owed “millions of dollars.”