Monday, February 5, 2024

Megan Thee Stallion Makes History, Retains Masters in WMG Distribution Deal

Courtesy Photo: From L-R: Rayna Bass (Co-President, 300 Entertainment), Desiree Perez (CEO, Roc Nation), Megan Thee Stallion and Max Lousada (CEO, Recorded Music, WMG).
In a groundbreaking move announced on Friday, Grammy-winning rap sensation Megan Thee Stallion has forged a pioneering agreement with Warner Music Group. This innovative deal, announced in a joint statement, empowers Megan to maintain her autonomy as an artist under her label, Hot Girl Productions, while tapping into WMG's global resources for distribution, marketing, and promotion.

Setting this arrangement apart is Megan's retention of full ownership of her masters and publishing rights, a rarity in major label agreements. She exercises complete creative control over her music and holds the option to integrate artists from her imprint into the WMG ecosystem, fostering emerging talent.

"I'm really focused on building an empire and growing as an entrepreneur, so I'm proud to take this next step in my journey and work with Max Lousada and the entire Warner Music Group team in this new capacity. I know we're going to create history together," said Megan.

WMG, acknowledging Megan's artistic influence and entrepreneurial acumen, recognizes her as more than just a superstar. "Meg is not just a superstar," emphasized Max Lousada, CEO of WMG Recorded Music. "She's an artistic force and a mogul in the making – authentic and unapologetic in defining her own unique place in the cultural landscape. So many relate to her remarkable story and have witnessed her come into her power on her own terms. At Warner, we're creating an environment where original talents can explore both their creativity and entrepreneurialism, while building long-term careers."

Desiree Perez, CEO of Roc Nation, views this deal as a transformative force. "Megan continues to be a trailblazer. This new chapter with Warner Music Group will shift the landscape in the music industry and empower other independent artists to follow in her footsteps and claim their power. It's also a testament to Max's ability to reimagine the relationships that major music companies can engage in with independent artists."

The announcement comes on the heels of the remarkable success of Megan's latest single, "Hiss," which soared to the top of charts worldwide upon its release. This follows her critically acclaimed solo release, "Cobra," in November 2023, marking her second under Hot Girl Productions.

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