December 12th, 2012 by Navjosh
Ross’ MMG isn’t the only label moving to Atlantic. Earlier in the morning today, Freddie Gibbs confirmed his departure from Young Jeezy’s CTE World imprint. Now Jeezy has issued a press release where he speaks on the turn of events as well as announces a new deal for CTE World with Atlantic Records where he is the Senior VP of A&R.
According to the press release, “The imprint is dedicated to the commitment of finding, developing and launching the careers of new talent on a worldwide platform.”
Says Jeezy on the deal and split from Gangsta Gibbs:
“Freddie is a talented artist and I decided that it’s time to press reset on my career and business ventures. I have no doubt that Freddie will go on to be everything I believe he can be, and I wish him the best in his career. This is a fresh start for the CTE brand as we re-launch it. This is why I chose to wipe the slate clean and create an outlet to support and nurture new artists to the best of my ability.”