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Bad Boy and Arista Part Ways

P. Diddy regains control of record company

P. Diddy has terminated the partnership between his record label,
Bad Boy Entertainment, and its partnership with Arista Records. The
split was described as amicable by Sean “P. Diddy” Combs and Arista
President and CEO Antonio “L.A.” Reid, who made the announcement
together.

“I have enjoyed my successful partnership with Arista and most
recently working with L.A. Reid,” Combs said. “I decided it was
time to move my company to a new home and I wish L.A. the best and
look forward to working with him in the future.”

As part of the deal, the rights to Bad Boy revert back to Combs,
including the complete roster (Faith Evans, 112, Carl Thomas,
Notorious B.I.G.) and the entire catalogue. Arista will continue to
provide sales, promotion and marketing services for current Bad Boy
projects and distribution (through parent company BMG) on an
interim basis.

Combs founded Bad Boy Entertainment in 1991 and entered into a
partnership with Arista in 1993. Three years later, the two
companies announced that they would begin an equal partnership
under the Arista imprint, Bad Boy Records.

P. Diddy’s own gospel recording is expected to be one of Bad
Boy’s first post-Arista releases.

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