After keeping a low profile for a couple of months, Megan Thee Stallion is back and better, and moving on her own time!
On Thursday, the rap star teased her latest project on Instagram. She dropped a series of back-to-back posts which included photos of her with fangs, her wrists covered in dangerously thorny bracelets, a red snake swallowing its own tail, and a whole lot more. Her posts were accompanied by the words “Act One” along with the cryptic message that read, “Let’s begin…”
In an Instagram Live captured by @officalkenbarbie, Megan Thee Stallion talked more about her plans for her upcoming album. While going into details, she revealed that her new body of work will be fully funded by herself. “I have no label right now. We’re doing everything funded straight out of Megan Thee Stallion’s pockets. So, the budget is coming from me.” She went on to say, “I’m so excited to be doing something for the first time independent since it was just me and my momma. I’m so excited ‘cause it’s really just me. I don’t wanna sign to a new label right now ’cause I just wanna do it myself.”
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The star rapper has been fighting with 1501 for more than two years. As we previously reported she claimed that the company minioulated a young artist into signing an “unconscionable” record deal in 2018. Megan Thee Stallion said at the time that when she signed a new management deal with Jay-Z’s Roc Nation in 2019, and got “real lawyers” they helped her understand that the deal was absolutely “crazy.” From there, she filed the current case in February 2022, claiming 1501 had wrongly classified her Something For Thee Hotties as something less than an “album.” However, 1501 then quickly countersued and argued that Thee Hotties contained just 29 minutes of original material and obviously did not meet the definition of an “album.” A Texas judge ultimately sided with Megan Thee Stallion and denied her estranged Houston label’s request that her 2021 album Something for Thee Hotties be declared something less than an album under her contract. On top of that, Megan Thee Stallion filed a new complaint seeking more than $1 million in damages over claims that 1501 had “systematically failed” to pay her enough royalties. However, 1501 then fired back with new accusations of its own, claiming it’s Megan Thee Stallion who actually owes “millions of dollars.” Either way, the legal proceedings are ongoing, and shockingly, her former manager Carl Crawford of 1501 has since issue an apology to her following their online feud. He said earlier this year while speaking to TMZ, “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.”