INDUSTRY NEWS: DIDDY LEAVES ATLANTIC/WARNER

According to Billboard Magazine, Diddy is leaving Atlantic Records/Warner Music Group after a five-year partnership.

His fifteen year old imprint Bad Boy Records will still be distributed through Atlantic/WMG, yet Diddy has elected to change his recording home. Reports suspect that Diddy will be partnering with Interscope Records/Universal Music Group at the end of this month to release his new LP, "Last Train To Paris," along with his new group Dirty Money featuring Dawn Richard, formerly of the now defunct Urban Pop group Danity Kane and new singer-songwriter Kalenna.

This is honestly a shocker cause how is it possible for Diddy to leave Atlantic yet the rest of Bad Boy must stay. In addition, Diddy only released one album on the label so it makes no sense for them to release him from his contract. Atlantic seems very lenient on releasing artists from their contracts (ie. Brandy), but this sounds too shady (ie. When Diddy tried to sign Foxy Brown and release her from Def Jam; and she claimed he and Lyor Cohen were trying to illegally trade her masters). I can only imagine the new deal with Interscope means more money, but I question if it means more money for Dawn and Kalenna.

Nonetheless, I look forward to his new project with Dirty Money and the video for their new single "Love Come Down."