Megan Thee Stallion will be self-financing her new album.
The 28-year-old rapper has told fans she will release her next record independently as she no longer has a record deal – she released her previous LPs, 2020’s ‘Good News’ and 2022’s ‘Traumazine’, on 300 Entertainment and 1501 Certified.
He said in an Instagram Live: “This part of my album is definitely very much funded by Megan Thee Stallion because, you know… we’re trying to get off… you know what the tea is.
“But I don’t have a label right now and we’re doing everything out of Megan Thee Stallion’s pocket. The budget comes from me, the mother of ****** Hot Girl Productions. It’s all coming straight from Megan Thee Stallion – Megan Thee Stallion’s brain, wallet… we in my pockets, hotties, so let’s do our big one.
“We’re really doing our big one and I’m so excited. We’re doing something independent for the first time since it was just me and my mom. I’m so excited because it’s literally just me this time around 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.
Meghan – who previously took legal action against 1501 Certified Entertainment for “interfering” with her control over her music and trying to keep her under contract – recently teased her next record would mark a new chapter.
She told Billboard: “It’s definitely coming very soon. I’m really excited about this chapter of my life because I feel like I’m finally closing all the old chapters and starting with a clean slate. Very fresh, very new. I think Thee Hotties are gonna be so excited. I’m trying different things. I got a lot of stuff that I produced with Ju and some new producers.
