A War Is Brewing Between Jay-Z's Rocnation & J Prince's Close Friend Over Megan Thee Staliion!
March 4, 2020
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19:42Now PlayingA War Is Brewing Between Jay-Z's Rocnation & J Prince's Close Friend Over Megan Thee Staliion!
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A Texas judge granted the Houston rapper Megan Thee Stallion a temporary restraining order against her label, 1501 Entertainment, on Monday, according to Billboard. Megan Thee Stallion, whose real name is Megan Pete, recently filed suit against 1501 Entertainment, alleging that the contract she had signed with the label when she was 20 was “not only entirely unconscionable, but ridiculously so,” putting the label in a position to “literally do nothing, while at the same time taking for themselves the vast majority of Pete’s income from all sources.”
Pete signed a new management deal with Roc Nation in September following a string of radio hits, from “Big Ole Freak” to “Cash Shit” to “Hot Girl Summer.” In a video posted to Instagram over the weekend, the rapper said that Roc Nation initially alerted her to some of the unsavory aspects of her original contract. The rapper claimed that 1501 Entertainment gets to take home 60 percent of her recording income, 30 percent of her touring income, and 30 percent of the money she makes off merchandise.
“I was like 20, and I didn’t know everything that was in that contract,” Pete explained. “So when I got with Roc Nation, I got management — real management — and real lawyers. They were like, ‘Do you know that this is in your contract?’ And I was like, ‘Oh, damn, that’s crazy — no, I didn’t know.’ “
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