She spoke, says, "The devil got you guys by the throat
Your conspiracy theories won't work without evidence
The record companies are in control of rappers: if rappers want to sell, they have to do what the label asks. In this sense, the labels have rappers “by the throat” in two ways: choking them and manipulating what they talk about in their music.
As the next line says, rappers do have control, and are not their own leaders.
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