Megan Thee Stallion Accuses 1501 Of Draining Funds

BYGabriel Bras Nevares1266 Views
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The Houston MC claimed that Carl Crawford is getting a far more substantive cut of the label's budget than what he deserves- while leaving artists like her out of the equation.

The label feud between 1501 Certified Entertainment and Megan Thee Stallion, a signee, continues escalating. Moreover, the Houston rapper recently added fuel to the fire by claiming that label boss Carl Crawford is draining the entity of their funds without properly compensating Megan. Furthermore, she filed a motion on Thursday (April 13) sending said shots and revealing that the label's primary account allegedly has less than $10,000 left in it. In legal documents obtained by TMZ Hip Hop, the star brought up various red flags regarding 1501's financial stability and their inability to properly compensate its artists.

While the exact amount that was initially deposited in said bank account was redacted, Megan Thee Stallion alleged that it was in the millions. Not only that, but J. Prince, Gee Roberson, and Crawford are the only ones getting paid according to Meg. As previously reported, the 28-year-old is suing 1501 for royalties, demanding a release from the label as well. However, this recent motion relates isn't just a doubling down on the alleged actors' fault. It's also a point of concern, as Meg fears that they won't have any money to pay her if or when courts side in her favor.

Megan Thee Stallion Wants The Money She Earned

HOUSTON, TEXAS - MARCH 31: Megan Thee Stallion performs onstage during the AT&T Block Party at the NCAA March Madness Music Festival at Discovery Green on March 31, 2023 in Houston, Texas. (Photo by Marcus Ingram/Getty Images for Warner Bros. Discovery Sports)

Moreover, this news is interesting given that Crawford recently welcomed the Stallion back to Houston for her first performance in months in an attempt to extend an olive branch. Still, many fans remembered his taunts and social media feuds with Megan Thee Stallion leading up to this situation. As such, many didn't take kindly to Crawford's message. "“We want the entire Community of Texas to help 1501 Certified Entertainment welcome Queen of the Hotties, Megan Thee Stallion, back to the City of Houston," the statement read. In addition, it hinted at a new album and tour, and stated that the label fully supports Megan.

The month prior, Crawford somewhat apologized to her. "Unfortunately, me and Megan haven’t talked since 2019,” he stated. “We been going through what y’all seen online. That’s unfortunate, too, because I never wanted to go have a situation where I was going back and forth with her on the internet. I never had problems with Megan Thee Stallion, but this social media stuff turned it really sour. You take this social media stuff out of it, and we won’t have a problem. You won’t hear me mention Megan Thee Stallion’s name unless it’s a big-time interview." Regardless of this spat, stick around on HNHH for the latest on Megan Thee Stallion.

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About The Author
Gabriel Bras Nevares is a music and pop culture news writer for HotNewHipHop. He started in 2022 as a weekend writer and, since joining the team full-time, has developed a strong knowledge in hip-hop news and releases. Whether it’s regular coverage or occasional interviews and album reviews, he continues to search for the most relevant news for his audience and find the best new releases in the genre. What excites him the most is finding pop culture stories of interest, as well as a deeper passion for the art form of hip-hop and its contemporary output. Specifically, Gabriel enjoys the fringes of rap music: the experimental, boundary-pushing, and raw alternatives to the mainstream sound. As a proud native of San Juan, Puerto Rico, he also stays up-to-date with the archipelago’s local scene and its biggest musical exponents in reggaetón, salsa, indie, and beyond. Before working at HotNewHipHop, Gabriel produced multiple short documentaries, artist interviews, venue spotlights, and audio podcasts on a variety of genres and musical figures. Hardcore punk and Go-go music defined much of his coverage during his time at the George Washington University in D.C. His favorite hip-hop artists working today are Tyler, The Creator, Boldy James, JPEGMAFIA, and Earl Sweatshirt.