Complex obtained a copy of Megan Thee Stallion’s original contract with 1501. Contrary to
Crawford’s claim in Billboard that Megan owns “parts of her masters,” the contract says that 1501 “hereby is, the owner from inception of each Master Recording… [T]o the extent that ARTIST may be found to be the owner or author of any Master Recording, ARTIST hereby irrevocably assigns to COMPANY all of ARTIST’S rights in such Master Recording.”
The label also
takes half of her publishing (“an undivided fifty percent interest...to each composition”) and puts itself in charge of administering it as well. In addition, there’s a clause where Megan can be fined if she’s late to publicity sessions, recording sessions, or appearances. It’s a clause that has actually been exercised, Complex is told.
Another part of the deal is that the label gets 30% of live performance money, and all expenses for the concerts come from Megan’s share. And despite the fact that any tours must be approved by 1501, the contract includes language that the company “is not a licensed ‘Talent Agent’” and “is under no obligation to procure employment” for Megan. The talent agent language is likely there to get around licensing qualifications for talent agents in
Texas.
The source close to the situation confirms Crawford’s claim to Billboard that, for several months,
Megan has been holding back money owed to 1501. But they claim that this is only being done until Crawford can provide a full accounting. “For two years, they've been collecting her money and she's hasn't been paid,” they explain to Complex. “
They’re not paying her or submitting statements to her.”
Crawford’s attorney Tom Van Arsdel was not immediately available for comment.
the entire thing needs to be bolded
So Carl was lying the entire time
this is robbery
But she did sign it
She wants Roc Nation to help
I was thinking defamation of character b/c he said she lied about everything and lied so much.