Top Hip-Hop Imprints Seeking New Homes
Bad Boy Entertainment chief Sean "P. Diddy" Combs is in talks to sign a distribution deal for his imprint with Universal Records, sources tell Billboard Bulletin.Bad Boy Entertainment chief Sean "P. Diddy" Combs is in talks to sign a distribution deal for his imprint with Universal Records, sources tell Billboard Bulletin. As previously reported, Bad Boy terminated a long-standing joint venture with Arista last June. Combs left with full ownership of Bad Boy and the label's complete artist roster and back catalog. Representatives from Universal declined to comment.
Meanwhile, Ruff Ryders Records has inked a deal with Virgin Records for new acts and its namesake compilations, sources say. Past Ruff Ryders acts such as Eve and Jadakiss will remain on Interscope, which had been distributing the label. Representatives of Virgin and Interscope declined to comment.
The most recent Ruff Ryders compilation, "Ryde or Die Vol. III: In the 'R' We Trust," debuted last January at No. 9 on Billboard's Top R&B/Hip-Hop Albums Chart. The series' first and second volumes both reached No. 1 on the same chart in 1999 and 2000, respectively.