Megan Thee Stallion Affirms She’s Personally Financing Her Music Journey: ‘I’m Covering My Own Expenses’

Published by Cel Manero from Global One Media, Inc.

“We’re handling all the financial aspects directly from Megan Thee Stallion’s resources,” the artist disclosed, mentioning her current status of not being affiliated with any record label.

Megan Thee Stallion is now taking full control of her career.

In an Instagram Live video originally shared on October 11 by producer Max Julian and subsequently circulated on X (formerly Twitter), the 28-year-old rapper disclosed that she is independently financing her upcoming project and is not presently under a record label.

“I am currently not affiliated with any record label. We are bankrolling everything directly from my own finances. So, the entire budget is being covered by me. It’s all about Hot Girl Productions,” she stated in the video, with Julian seemingly by her side.

Furthermore, she exclaimed, “We’re diving into my resources, my fellow ‘Hotties,’ so let’s embark on this grand venture together!”

The artist behind “Savage” also made it clear that she isn’t actively seeking a new record label.

“I’m incredibly enthusiastic about this independent venture, which is the first time I’ve undertaken since it was just me and my mother. I’m really looking forward to doing this solo until the day comes when we decide to sign with a different label. Right now, I’m not inclined to seek a new label because I want to handle it independently,” she explained, with her collaborator energetically proclaiming “hot girl productions” in the background.

Furthermore, Megan accused her former record label, 1501 Certified Entertainment, of undermining the promotion of her 2022 album, “Traumazine,” following her long-standing public dispute with the company. The musician, whose real name is Megan Pete, had secured a temporary restraining order against the label and her distributor, 300 Entertainment, for their alleged attempt to obstruct the use of her song “Her” in promoting the American Music Awards.

In a lighthearted manner, she remarked, “My label already gave me a heads-up. They were like, ‘Traumazine’s in trouble.'”

Requests for comments from representatives of Megan Thee Stallion, 1501 Certified Entertainment, and 300 Entertainment went unanswered.

Megan has been entangled in a lengthy legal dispute with 1501 for quite some time. In August 2022, she pursued a $1 million remedy from the label, asserting that her last two albums satisfied the conditions of her “unfair” contract. In 2020, she also initiated legal proceedings, alleging that 1501 obstructed her from releasing new music when she sought to renegotiate her contract.

Just last month, Megan dropped “Bongos” alongside Cardi B, marking their first joint project since “WAP” in 2020.