I read on GlobalGrind that Bad Boy would be closing its doors very soon with an announcement to be made during the week. Bad Boy Records was founded in 1993 by Sean 'Diddy' Combs and is under Warner Music Group and is distributed by Atlantic Records.
As most will know Diddy now has a solo deal with Interscope records and will continue to release his own albums....this is why his forthcoming album, 'Last Train To Paris' has been pushed back to 2010. This recent solo deal now makes sense......
Diddy just tweeted this - which I guess is his unofficial statement on the matter:
"Thank you to the Atlantic records staff. Thank you to Julie, Kys, Lyor Cohen, and Edgar Broffman! Thank you for Believing!!!"
As of yet no official announcement has been made.
What's going to happen to the rest of the Bad Boy artists Cassie, Day 26 and Janelle Monae??
Cassie's sophomore album, was said to also be pushed back to 2010....will Diddy help his lover get another record contract...or will she be joining him at Interscope?
Watch how all former Bad Boy recording artists come out of the woodworks and state how this is 'typical' behaviour for Diddy - looking out for himself and nobody else.
It's an end of an era people!
**UPDATE**
Diddy has made it official via Twitter:
"Its official: The BADBOY/INTERSCOPE Era has begun!!!! Let's make some HITS people! Daddys Home! Its a new day! BADBOY 4 Life!! Let's get it!"
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