Megan Thee Stallion has one less thing to worry about now that her years-long legal battle with her former record 1501 Certified Entertainment label has come to an end.
As previously reported, the rap star had been going at it with 1501 Certified Entertainment and label president Carl Crawford for over three years. The “Savage” artist accused the company of manipulating a young artist into signing an unfair record deal back in 2018. She also claimed that it was well below industry standards. Megan noted that it wasn’t until she signed a new management deal with Jay-Z’s Roc Nation in 2019, and got “real lawyers” when she realized her deal with 1501 was “crazy.”
Following more legal problems in 2022 over her “Something for Thee Hotties” project which 1501 claimed wasn’t considered a real album, that same year Megan filed a new complaint seeking more than $1 million in damages. In that filing, she 1501 “systematically failed” to pay enough royalties and had “wrongfully allowed for excessive marketing and promotion charges.” However, 1501 quickly fired back and said her claims were “baseless” and argued that it was actually Megan who owed “millions of dollars.” Despite all that drama, attorneys for 1501 announced this Thursday that both sides have “mutually reached a confidential settlement to resolve their legal differences.” As Billboard noted, under the deal, Megan and 1501 will “amicably part ways.”
In a joint statement, 1501 and Crawford said, “Both Megan and 1501 are pleased to put this matter behind them and move forward with the next chapter of their respective businesses.” Crawford added that he and his company “wish Megan the very best in her life and career.”
Earlier this year, Crawford hinted at the legal battle coming to an end after he gave a public apology to the rapper during an interview with TMZ.
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He said at the time, “I never had any problems with Megan Thee Stallion. It’s just the social media stuff, it really just turned really, really sour. You take this social media part out of it [and] we don’t have a problem. I’m done with that. You won’t hear me mention Megan Thee Stallion’s name in the media unless I’m doing something like this, or it’s just a big-time interview where I got to say it. You won’t see me texting, or making a post, or doing any of that stuff that would cause social media to go crazy.”
Megan Thee Stallion has not yet released a statement on the settlement.