“I have no label right now” Megan Thee Stallion reveals that her upcoming album is entirely funded by her

Following the conclusion of the Tory Lanez criminal case and a busy festival season, the “Savage” rapper has returned to making new music.

She further stated that she is doing it without the help of her label, 1501 Certified Entertainment, or her distributor, 300 Entertainment, which is owned by Warner Music Group.

Megan Thee Stallion sued 1501 in 2022 to get out of the contract she signed in 2018, calling it “one-sided” and “unconscionable,” according to court records acquired by The Times.

“I have no label right now, and we’re doing everything funded straight out of Megan Thee Stallion’s pockets,” she said, according to a recording of a recent live stream on the Instagram account of her music producer, LilJuMadeDaBeat. “The next s— y’all ‘bout to see ‘bout to be straight from Megan Thee Stallion’s brain, Megan Thee Stallion’s wallets.”

“I’m so excited to be doing something independent for the first time since it was just me and my mama… until we sign to a new label,” the Grammy winner continued. But I don’t want to sign to a new label right now because I want to do everything myself until I’m entirely out.” The recording was interrupted at that point.

However, according to court documents, Megan Thee Stallion, whose official name is Megan Pete, is still under contract with them and owes them another album under the provisions of the deal.