Meg Stallion to sue 1501 ent. Edit#9: Meg wins, New music is released. Them numbers not looking good

Dreamchaser

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This is all :duck:

Her advance was suppose to pay for music recordings (which is the norm), but she had no other options that's why she signed that deal. She wasn't in a position to negotiate when she first got signed. It's obvious someone else is paying for legal fees because she ain't got that kind of money from the looks of her contract. She needed better representation from the jump.
 
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also normal, that's exactly how QC runs their business.
they act as the booking agent instead of paying a booking agency 10-30 percent to do the job.

This whole thing is behind Roc Nation wanting access to her show money instead of 1501.

does QC also do the bolded?


Megan's touring and live performances to be paid directly to 1501 Certified. She says the label is supposed to give her a proper accounting of what she's owed -- but claims what they've provided is incomplete, and "purposefully and deceptively vague."
 

5n0man

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right, seems like people just want to talk shyt and not even understand that the claim is about the execution of the contract duties.... not the contract itself. i guess you can blame tmz for putting all the details that don't even matter to the claim but they make the story sell better for being scandalous
I feel like people are talking shyt because shes a female rapper who shakes her ass online. As if hip hop has some moral code of ethics.


I just dont like seeing my people getting fukk outta money they rightfully earned.
 

Sauce Dab

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I was reading at first like 60/40 is what you’re gonna get cause your a new artist and they took that chance, then it said she has to pay for all expenses out of her own pocket with her 40%

what is the label paying for :dwillhuh:
Looks like they ain’t paying for shyt and just sitting back collecting checks.
 

@OffHalsted

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Black Men getting the last laugh :wow:

i1ESNKb.jpg
 

L&HH

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Rappers gotta start read these contracts before they sign.

I hope everything works out for her cause if not, shes done, and she was just picking up steam too.

:francis:
Whats then reading the contract going to do? The next person is offering the same thing. This is pretty much what you going get when you join.
 

10bandz

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This is the hot joke going around the coli right now but I don’t understand how going to college means you’re supposed to understand all the legal jargon written in the contract. It’s not like shes in school to be an entertainment lawyer.


Being college educated should result in you being smart enough to not sign a contract without reading it.
 

ignorethis

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does QC also do the bolded?


Megan's touring and live performances to be paid directly to 1501 Certified. She says the label is supposed to give her a proper accounting of what she's owed -- but claims what they've provided is incomplete, and "purposefully and deceptively vague."
probably, hell major labels are bullshyt as fukk with accounting and will give you the run around for months when you try to collect or account for your money.

Sometimes it's malicious, sometimes it's cause you had an A&R that really fukked with you and opened up the wallet freely for you, but now you're asking for hard number they really gotta go back months and track down every dollar they ever spent on you because they'll be legally held to that number.

Crawford definitely spent more than 10k on Megan, but he was spending it so freely and generously it's gonna be hard to account for everything now after 3 years of him spending.

Anybody who lives in Houston and really is active in the scene saw the amount of money Carl Crawford was throwing behind Megan and the whole 1501 label.
 

AAKing23

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If that deal is real then Meg signed the worst deal ever. She signed a 60/40 split for a 10k advance. And they didn’t invest any money into her. She has to pay for her own shyt out of that 40 she’s getting
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A 10k advance? :gucci::scust:
 
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