Who’s Actually At Fault For Megan Thee Stallion Signing A 360 Deal?
Meg The Stallion signed to Roc Nation’s management (not to be confused with a Record Label) and they were the ones who noticed things weren’t right in her deal with 1501.
Meg The Stallion signed to Roc Nation’s management (not to be confused with a Record Label) and they were the ones who noticed things weren’t right in her deal with 1501.
In 2019, Meg signed to Roc Nation’s management which landed her a D’usse ambassador deal and Puma sponsorship opportunity. It was after she signed to the management that Roc Nation’s lawyers started taking a look at her 1501 record deal. Roc Nations team found that she was signed to a 360 deal and only getting 40% of total earnings. 1501 founder, Carl Crawford was taking 60% for himself.
Meg signed her deal with 1501 at 20 years old. Since signing, her streams have accumulated over $7 million and she was only paid $15,000 of that. Meg took to Instagram today and noted that 1501 didn’t approve her budget for her new project and tried to stop her from releasing music but she beat them in court. She also mentioned that she is “no ones property.”
1501 still owns the majority of her profits but expect things to change as Roc Nation is now in the picture.
We did a little digging and pulled up receipts on how much Megan has made thus far. You can do the math and see just how much 1501 has been profiting off of Megan’s music and business ventures.
Do y’all think this is fair? Is it okay for an artist to sign a deal but then want to renegotiate after they reach success? ???
Swipe left below for the receipts.
