Megan Thee Stallion and Warner Music Group (WMG) signed a new agreement on Friday that appears to be a much more artist-friendly deal compared to most others in the music industry, including her own last deal.
The agreement ‘will enable the Houston native to maintain her independence as a musician while also having access to the music company’s robust global services, ranging from radio promotion to marketing worldwide,’ the rapper’s representative told Business Insider.
Basically that translates to the artist being able to use Warner Music’s distribution and resources moving forward, all while still retaining ‘full ownership of her masters and publishing.’
‘In this agreement, the three-time, Grammy-winning artist will release music through Hot Girl Productions — her independent music and entertainment entity — and simultaneously work with Warner Music and its international affiliates,’ her business rep explained.
‘Additionally, Megan has full creative control of her music releases along with the option to bring artists that are signed to her imprint into the WMG ecosystem.’
Megan Thee Stallion, 28, has signed a new agreement with Warner Music Group (WMG) that appears to be much more artist-friendly compared to her last deal with 1501 Certified Entertainment; the rapper is seen in January 2024
The new deal comes in the wake of her settlement with her former label, 1501 Certified Entertainment, in October 2023 after a years-long battle over what she called an ‘unconscionable’ contract.
Megan (born Megan Jovon Ruth Pete), 28, had alleged that the unfavorable details of the old deal prevented her from releasing new music and the withholding of royalties.
She ended up filing her lawsuit to renegotiate her contract with the label in 2020 after her management company Roc Nation found what they believed to be questionable details.
From there, the Ungrateful performer started the hashtag “#FreeTheeStallion” to raise awareness of the issue, noting that ‘[she did not] understand some of the verbiage’ when she signed the initial contract with 1501 Certified Entertainment.
In the four months since finalizing the settlement agreeing to amicably part ways, Megan released two singles: Cobra and Hiss, the latter of which went on to go number one on Apple Music’s Global chart, Spotify’s US chart, and YouTube’s Trending Music chart a week after its release.
‘This is the beginning of an exciting new chapter of my life and career,’ an excited Megan told the publication. ‘I’m really focused on building an empire and growing as an entrepreneur, so I’m proud to take this next step in my journey and work with Max Lousada and the entire Warner Music Group team in this new capacity. I know we’re going to create history together.’
That new chapter for Stallion amid the new deal with WMG includes keeping Roc Nation on as her manager.
‘Meg is not just a superstar. She’s an artistic force and a mogul in the making — authentic and unapologetic in defining her own unique place in the cultural landscape,’ WMG Recorded Music CEO Max Lousada said, before sharing part of their plan for the rapper.
The rapper filed a lawsuit to renegotiate her contract with the 1501 Certified Entertainment label in 2020 after her management company Roc Nation found some questionable details
Megan’s management company Roc Nation think her new deal will have a lasting impact on what artists’ deals look like moving forward
Stallion’s ‘unique’ new deal with Warner Music Group allows her to stay independent while leveraging the major label’s global resources, and retain ‘full ownership of her masters and publishing’
‘So many relate to her remarkable story and have witnessed her come into her power on her own terms. At Warner, we’re creating an environment where original talents can explore both their creativity and entrepreneurialism, while building long-term careers,’ Lousada added.
Roc Nation’s CEO Desiree Perez thinks her new deal will have a lasting impact on what artists’ deals look like moving forward.
‘This new chapter with Warner Music Group will shift the landscape in the music industry and empower other independent artists to follow in her footsteps and claim their power,’ Perez revealed. ‘It’s also a testament to Max’s ability to reimagine the relationships that major music companies can engage in with independent artists.’
Megan began her journey as a musical artist in 2016 when she dropped her first single Like A Stallion, which was then followed by two mixtapes.
The rapper had her breakout release with her debut studio album Good Times (2020)
She went on to release three EPs from 2017 to 2020, and her debut studio album Good News (2020), which was met with widespread acclaim, with critics praising her clever rapping abilities.
Good News was also a commercial hit with fans, debuting at number two on the Billboard 200, due in part to the success of the four singles Girls In The Hood, Don’t Stop, Body and Cry Baby.
Her follow-up LP, Traumazine (2022), would also be a commercial hit, debuting at number four on the US Billboard 200.
Her recent releases of the singles Cobra and Hiss are said to be a part of the promotional push for her upcoming third studio album, now in the works.