Rick Ross is moving his label, Maybach Music Group, from Warner Bros. to Atlantic Records. Shortly after rumors of the move hit, Rick Ross spoke with through Miami's 99 Jamz to speak about his recent tour cancellation, and to confirm what he called "the biggest move of the year."
"I got another announcement as well -- I'm excited for this year we got coming up, man," he said. "This is really huge. MMG, we just merged with Atlantic Records. It's the biggest move of the year. We gonna leave it right there. I'm signed as a solo artist to Def Jam. And Meek Mill, Wale, we all MMG at the end of the day."
In a related development, Karen Civil tweeted earlier today, "Warner Urban Dept is no more, artists have been moved to Atlantic." The move would make sense on paper, given the departures of Joie Manda (who became Def Jam's president) and Todd Moscowitz in recent months. However, the company also recently brought in R&B/hip-hop vet Jon Platt in a dual publishing/label role.