The album features guest appearances from DaBaby, City Girls, Lil Durk, SZA, Popcaan, Mustard, Big Sean, 2 Chainz, Young Thug, and Beyoncé.

Good News was met with widespread acclaim, with critics praising the clever and compelling qualities of Megan Thee Stallion's raps.

[5] In October 2019, the rapper first discussed plans about dropping her debut studio album in 2020 while promoting her upcoming project Suga.

[6] Megan had first intended for her Suga to be her debut album, but following legal troubles between her and her label, 1501 Certified, it was instead released as an extended play (EP) on March 6, 2020.

[15] On Good News, Megan Thee Stallion raps about the controversy surrounding herself and Tory Lanez, partying, sex, her personal life, and men she prefers not to date.

It contains a sample of Adina Howard's 1995 debut single "Freak Like Me" and was described as "immaculate" and "a true highlight" that is "audibly rooted in 90s G-funk" with "catchy and sex-positive" lyrics.

[17][21] "Intercourse" featuring Popcaan and Mustard was described as "island-tinged" and "syrupy" with "Megan [...] thriving on the dancehall sound" of the track,[16][21] and "Go Crazy" featuring Big Sean and 2 Chainz was called "lithe" and sees Megan "standing tall when sparring with Big Sean and 2 Chainz [...] with two punchy verses".

[20][21] "Outside" was described as a "fun, celebratory record" and a "sing-song tune in a nice contrast from [Megan's] harder-hitting tracks" that was backed by an "electronic piano motif" sampled from "Something in My Heart" from the 1989 eponymous album by R&B singer Michel'le.

[24] The album closes with "Don't Stop" featuring fellow rapper Young Thug, which is a hip hop track with a "punchy electronic beat", with sex-positive lyrics.

[31][32][33] "Don't Stop" featuring Young Thug, was released along with a music video directed by Colin Tilley on October 2, 2020, as the second single from the album.

[37][38] It was written while Megan was in quarantine and is inspired by her figure, and its music video features cameos from various celebrities, including Taraji P. Henson, Blac Chyna, and Jordyn Woods, among others.

[24] Robin Murray of Clash wrote that "Good News is the sound of Megan Thee Stallion pushing against the boundaries and an album overwhelming in its creative intensity".

[22] At Evening Standard, David Smyth attributed the album as "money, sex, single entendres, graphic imagery and a bulletproof self-confidence", adding that Megan has "amassed tonnes of both, and shared every vivid detail of the process in her sparse, old school songs".

"[46] Candice McDuffie's compliments also focused on similar elements in the review for Consequence of Sound; "Good News showcases Megan the Stallion’s creative depth, her euphonious inventiveness, and libidinous wordplay.

"[48] Keith Harris at NME gave similar praise, stating "Megan's own flow is musical enough to offer its own hooks without outside ornamentation.