The current battle between Megan Thee Stallion and her 1501 record label continues. With the star taking to social media to air out grievances with the label, the rapper most recently filed a lawsuit and was granted a temporary restraining order that allows her to release new music.
Staying silent, until now, Carl Crawford, who serves as the founder of 1501, has spoke to Billboard to tell his side of the story. Speaking on everything from Megan’s initial meeting with JAY-Z and Roc Nation, to breaking down additional details of her record deal, Carl is denying the claims fired at him from Thee Stallion.
On Megan Thee Stallion’s alleged only payment from the label:
How she been paid $15,000? As soon as we signed to 300, I wrote her a check for $50,000, and it’s signed with her name on the check. We can show you the proof. That’s another thing — I got all my receipts. They know it. I got all the receipts. We gave her a $10,000 advance when we first signed her and gave it to her mother. I don’t know what happened [with that]. 300 gave us a $200,000 check when we first signed. I gave her $50,000 of it. I didn’t have to give her that. That was mine at the time.
Details on Megan Thee Stallion’s record deal:
Well, we did a 360 deal where it was a 70-30. The reason why it was a 70-30 was because we gave up so much. We gave up part of her masters right now, we gave her a 60-40 split. That’s why we got so much on that side. We knew we did some stuff that people don’t do.
With different stories coming from both sides and a fresh lawsuit in the mix, the Megan Thee Stallion vs. 1501 saga doesn’t look to be ending any time soon. Until then, it has been noted that the star plans to release new music this Friday, 3/6. If folks weren’t already tuning in, surely, they’ll be tuning in now.
