It’s crazy to me that in 2020 artists are still allowing themselves to be caught up in bad contracts. During her Instagram live broadcast, Sunday Meg Thee Stallion revealed that she has fallen victim to a bad contract. In 2018 Meg signed to 1501 Certified Entertainment a Houston based label. According to her, she will be unable to release new music due to a disagreement with her contract. She accredited to not knowing exactly what was in her contract as the reason for the need to reconstruct it.
“I didn’t really know what was in my contract,” she said. “I was young, I think I was, like, twenty.”
“It’s not that I literally didn’t read [the contract],” she elaborated, “it’s that I didn’t understand some of the verbiages at the time.
This is not a valid excuse for her to be in this situation. Every time you sign anything you should have lawyers looking over the paperwork.
As her IG live went on she stated that now that she has real management and lawyers backing her she has a clearer view of what was in her contract and continued to air out her frustrations. In all honesty, I don’t feel bad for her because she didn’t invest in her lawyers to look at it in the first place.
A History of Bad Contracts
Back in the day not knowing was more practical because the information wasn’t out there for artists to educate themselves. A lot of artists came from the streets and were unfamiliar with the entire aspect of a business. For instance, Cash Money Records had a long string of its artists signing bad contracts. The majority of artists at the time used the same lawyers who their label used which caused a conflict of interest. This was the case along with just trusting the person who your signing with that caused Cash Money’s artist’s issues. At the time the label signed kids who were from the streets and had no idea of how to go about business. In the end, the majority of the artist’s money went to the label heads. While the Hot Boyz where hot they weren’t seeing the cash money.
Artists have to do their research and obtain their own management and lawyers before signing anything. There is no excuse for anyone today to fall into the same trap as those before them. The information and knowledge are out there. There are other cases where labels totally do things to their artists but having proper representation help eliminate a lot of issues before they begin.
These are just my thoughts.
What do you think of Meg Thee Stallion’s situation? Comment below or tweet me on Twitter. Let’s start a conversation