J Prince Speaks ONMeg The Stallion Roc Nation Deal

J. Prince says 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

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.

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

agreed to pay Megan.

Accordingly any statements alleging 1501's contract

with MTS is unconscionable are blatantly false and

contrary to the facts or custom in the music industry

and are made with the specific intent to mislead and

interfere with 1501's contractual rights

In addition MTS has consistently and intentionally

breached her 1501 contract with impunity for years in

ways that are too numerous to list here - from entering

into agreements inconsistent with her contract, falsely

claiming publishing shares that belong to 1501 - failing

to notify, account or pay ancillary revenue; releasing

albums of outtakes and previously released material..