Megan Thee Stallion has signed a distribution deal with Warner Music Group – while retaining ownership of her music.
The “Cobra” rapper has managed to secure a deal with a major label that may allow her to still be an independent artist to some extent, Billboard reports.
The 28-year-old rapper released her previous LPs, 2020's “Good News” and 2022's “Traumazine” on 300 Entertainment and 1501 Certified, but in October, she told fans she no longer had a record deal, so she would be releasing her next record independently.
Speaking on Instagram Live, she said: “This part of my album is definitely heavily sponsored by Megan Thee Stallion because you know… we're trying to go… you all know what tea is.
“But I don't have a label right now and we're doing everything with funding out of Megan Thee Stallion's own pocket. The budget comes from me … Hot Girl Productions. All coming straight from Megan Thee Stallion – Megan Thee Stallion[‘s] brain, wallet… we in my pockets, hotties, so let's do our big thing.
“We're really making our big game and I'm so excited. We are doing something for the first time independently since it was just me and my mom. I'm so excited because it's literally just me right now until we sign to a new label. But I don't want to sign to a new label right now because I just want to do it myself.”
Megan – who previously took legal action against 1501 Certified Entertainment for allegedly trying to “interfere” with her control over her music and for trying to keep her locked in a contract – recently teased her next record will mark a new chapter.
He told Billboard: “It's definitely coming very soon. I'm very excited about this chapter of my life because I feel like I'm finally closing all the old chapters and now I'm starting with a blank slate. Very fresh, very new. I think Thee Hotties will they're so excited. I'm trying different things. I got a lot of stuff that I produced with Ju and some new producers.”
