Entertainment Music Megan Thee Stallion Says She's Currently Funding Her Own Music Career: 'Budget Is Coming from Me' "We’re doing everything funded straight out of Megan Thee Stallion pockets," the rapper said, revealing she's no longer signed to a record label By Ilana Kaplan Ilana Kaplan Ilana Kaplan is a Senior Digital Writer/Editor at PEOPLE. They have been working at PEOPLE since 2023. Their work has previously appeared in The New York Times, Rolling Stone, Vanity Fair, Vogue and more. People Editorial Guidelines Published on October 13, 2023 03:33PM EDT Close Megan Thee Stallion. Photo: ANGELA WEISS/AFP via Getty Megan Thee Stallion is currently the hottie in charge of her career. In an Instagram Live video from Oct. 11 posted by producer Max Julian that's since been shared to X (formerly known as Twitter), the rapper, 28, revealed she is financing her next project herself and isn't currently signed to a record label. “I have no label right now. We’re doing everything funded straight out of Megan Thee Stallion pockets. So, the budget is coming from me. Motherf---ing hot girl productions" she said in the video, accompanied by who appears to be Julian alongside her. She added, "We in my pockets, hotties, so let's do our big one!" Megan Thee Stallion. Zuma / SplashNews.com Megan Thee Stallion Says She's Been 'Ugly Crying' Since Sharing the Stage with Beyoncé The "Savage" musician also said she isn't looking for a label right now. “I’m so excited to be doing something for the first time independent since it was just me and my mama. So excited cause it’s really just me this go 'round until we sign to a new label, but I don’t wanna sign to a new label right now because I just wanna do it myself," she added, as her collaborator exclaims "hot girl productions" in the background. She also accused her former record label 1501 Certified Entertainment of sabotaging the promotion of her 2022 album Traumazine, following her years' long public dispute with the company. The musician, whose real name is Megan Pete, was granted a temporary restraining order against the label and her distributor, 300 Entertainment, after they allegedly tried to block the American Music Awards from using her song "Her" to promote the show. “My label already told me. They was like, 'Bitch, ‘Traumazine’ going to hell,'" she joked in the video. Representatives for Megan Thee Stallion, 1501 Entertainment and 300 Entertainment did not reply to requests for comment. Megan Thee Stallion performs during the MTV Video Music Awards in September 2023. TIMOTHY A. CLARY/AFP via Getty Never miss a story — sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. Megan Thee Stallion Says 'It's OK to Not Be OK' in New Video About Mental Health Awareness Megan has been locked in legal battle with 1501 for years; in August 2022, she sought $1 million in relief from the label after alleging that her last two albums fulfilled the requirements of her "unconscionable" contract, and in 2020, she filed a lawsuit claiming 1501 was stopping her from releasing new music after she tried to renegotiate her contract. Last month, Megan released "Bongos" with Cardi B, their first collaboration since 2020's "WAP."