CEO Of Megan Thee Stallion's Record Label Says She's Lying!

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Megan Thee Stallion has been dealing with issues with her record label 1501 Entertainment. She claims that they won't let her renegotiate her contract or put out new music! She took her frustrations to IG Live!

After that she decided to sue her label. In her suit, she claims the contract calls for 1501 Certified to get 60 percent of her recording income. The remaining 40 percent goes to her, but she has to use that to pay engineers, mixers, and artists who work on the songs, and she ends up with a fraction of it.

A district judge in Harris County Texas granted her a temporary restraining order which prevents 1501 from blocking the new music she plans to drop on Friday.

BUT the CEO of 1501 came out and broke his silence to Billboard. He said

"She just has so many holes in her story, and it's almost on some delusional type stuff. The bubble of Hollywood and her eight million followers has really clouded her head, because the stuff that she's saying is not true. It's a whole lie," he said. He explained that "everybody int he industry" is aware of Jay-Z and Roc Nation's tactics. "hey come in, the find the smallest things wrong with the problem -- because there weren't any problems before she left -- and then she says that I didn't want to negotiate?"


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