Megan Thee Stallion is issuing a lawsuit against her 1501 Ent. label stating that she has completed her contract with the release of her Traumazine album.
According to Rolling Stone, The Stallion is calling for a Texas judge to rule that her LP is the final commitment to fulfill her deal with 1501 and free her from her rough relationship with the label and its well known boss, Carl Crawford.
Megan Thee Stallion Says ‘Traumazine’ Satisfies Her Label Obligations & Demands $1M In Damages — https://t.co/aAKkJSVgT4 via @hiphopdx
— Gina Lawriw (@GinaLawriw) August 23, 2022
According to documents, Meg is seeking $1 million in damages for what she believes was 1501’s efforts to hurt her career and take advantage of her.
“But Pete says Roc Nation helped her understand for the first time that her 1501 contract was not in keeping with industry norms. Instead of the standard 50-50 split of recording profits, Pete’s initial deal gave the label 60 percent of her recording income – with payments to outside parties such as producers coming out of her paycheck. The initial contract also gave the label a 30 percent chunk of her touring and merchandising profits.”
As we previously reported Megan had legal issues with Carl after back in 2021 after she sued 1501 Label Over her project ‘Something for Thee Hotties’ Not Being Counted as Album on Her Contract.
Megan’s legal team at Holland & Knight claimed 1501 didn’t classify the 21-track Something for Thee Hotties as an “album,” and that the label said it didn’t satisfy her “minimum recording commitment.” Meg’s lawyers now say that, given the label’s argument, “1501 wants to tie [Megan Thee Stallion] down to release more albums under the Contract to the financial benefit of 1501.”
Megan Thee Stallion Thanks Fans For Support, Announces New Album ‘Traumazine’ Source: Joseph Okpako / Getty Fresh off blasting her label 1501 Certified Entertainment and its boss Carl Crawford in her recent L.A…. – https://t.co/VbfoEnh9AJ #digitalmusiczone pic.twitter.com/0Wo2Vfnjzb
— supermogul (@ghettomogul) August 13, 2022
“Contrary to 1501’s position, Something for Thee Hotties clearly meets the definition of ‘Album’ under the recording agreement because it is not less than forty-five (45) minutes in length,” the suit claims. “There are no other parameters or requirements under the contract for what can be deemed an ‘Album’ other than total run time of the album. As such, Something for Thee Hotties satisfies her ‘Minimum Recording Commitment’ for the second option period of the agreement. To protect herself, her music, and her artistic choices, Pete has been forced to bring this action to seek a declaratory judgment to that effect.”