Exclusive: Grand Hustle Records Is 'Definitely Not Dismantled,' Says Jason Geter

Geter isn't denying the recent downturn, though. "It's no secret we've taken hits, back to back, with Tip's absence," he says, adding that the decision to downsize and relocate the Grand Hustle office was discussed directly with T.I. "We're partners. We talk about everything, no matter if he's in or he's out. It's Grand Hustle, so we communicate with one another.

"We don't have much business to do...why pay people when unfortunately there's not much going on?" Geter continues. "Same thing that the major labels are doing, it's no different. Supply and demand, at the end of the day. It's just the way of the business."

Geter now personally manages California hip-hop trio Pac Div, who along with Young Dro, Killer Mike, and Dee-1, has been on Grand Hustle's Grind 'N Hustle tour since Apr. 1.

Pac Div Talks Grand Hustle Records,

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Geter also assured us that T.I.'s Akoo clothing line, on its third year in stores, is "doing better than ever."