J. Prince spoke out to defend Carl Crawford after Megan Thee Stallion sued Crawford for $1 million.
“For years we have stood by quietly as MTS and her mgmt at Roc Nation has lied about Carl Crawford and his 1501 label. The truth is that Carl discovered, developed and fully financed MTS early in her career which led to a life changing distribution agreement for her with 300 Entertainment,” he captioned the post.
“From 1501’s earliest agreement with Megan, long before MTS was a household name, 1501 generously agreed to give Megan 40% of its PROFITS which is substantially more than the customary record royalty that a new artist receives from a record label.”
J. Prince called out Meg and Roc Nation for their actions. The rapper has been trying to be released from 1501 Certified Entertainment. Her last album, Traumazine fulfilled her obligation to the label.
“Any attempt by MTS or RN to portray a contract that provides a new unknown artist with 40% of the label’s PROFITS as unconscionable or unfair is blatantly false and contrary to the customs or norms in the music industry. In fact, we have seen several RN contracts and RN pays its new artists a customary royalty that is significantly less than the 40% of PROFITS that 1501 ag
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