Nick Cannon has exited Jive Records and established his own imprint, Can I Ball, via Motown.

Nick Cannon has exited Jive Records and established his own imprint, Can I Ball, via Motown. The first project as part of the deal will be his sophomore album, "Stages," due this spring. The set boasts production by Kanye West and collaborations with Talib Kweli, Anthony Hamilton and 112.

Also featured on the album is Cannon's first CIB signing, Izzy. The album is executive-produced by Cannon and his new music manager, Michael "Blue" Williams, president/CEO of Family Tree Entertainment.

"Stages" will be the follow-up to the actor/rapper's self-titled debut, which has sold 200,000 copies in the United States, according to Nielsen SoundScan. Aside from the West track, Cannon wrote and produced all of the songs on the new album. The first single is titled "Dimepiece."

Following his breakthrough role on the Nickelodeon series "All That," at age 18, Cannon began his foray into music and movies, including 2002's "Drumline" and 2003's "Love Don't Cost A Thing" opposite Christina Milian.

Cannon also serves as producer, director and host of the MTV show "Nick Cannon Presents Wild'n Out."

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