Megan Thee Stallion is said to have reached an agreement with her old record company to resolve a long-running legal battle.
In 2020, the rapper sued 1501 Certified Entertainment, saying they were preventing her from releasing music.
According to Billboard, the couple will now “amicably part ways.”
The two of them “mutually reached a confidential settlement to resolve their legal differences” .
There have been no specifics provided about the arrangement.
Megan Thee Stallion Problems
Carl Crawford, the label’s president, said in a statement that he and his firm “wish Megan the very best in her life and career.”
In 2020, the 28-year-old admitted on Instagram Live that she “didn’t really know what was in [her] contract” when she signed it for the first time.
“I was young at the time.” “I was like 20, and I don’t know what was in my contract,” Megan Thee Stallion admitted.
In 2021, she filed another lawsuit against 1501 over a disagreement about what constituted an album.
That disagreement centered on her 2021 mixtape release, Something For Thee Hotties. Megan was then countersued, claiming she had “repeatedly breached her contracts.”
Megan Thee Stallion hinted at being an independent musician last week, stating she didn’t “want to sign to a new label right now because I just want to do it myself.”
“I have no label right now and we’re doing everything funded straight out of Megan Thee Stallion’s pocket so the budget is coming from me,” she revealed during a live stream on Instagram.
“I’m so excited to be doing something independent for the first time since it was just me and my momma.”
“It’s really just me until we sign to a new label.”
Credit – Marcelo Cantu