On the heels of CTE’s most promising artist, Freddie Gibbs, departing the imprint and Rick Ross announcing Maybach Music Group’s move to Atlantic, CTE head and Atlantic Records Senior VP of A&R Young Jeezy has officially announced a partnership between his CTE World imprint and Atlantic Records.
Jeezy is “dedicated to the commitment of finding, developing and launching the careers of new talent on a worldwide platform,” according to a press release. Corporate Thugz Entertainment will now operate under both Jeezy and Atlantic chairman Craig Kallman.
As for Gibbs’ departure, Jeezy claims that is all part of CTE’s new beginning.
“This is a fresh start for the CTE brand as we re-launch it,” he said. “This is why I chose to wipe the slate clean and create an outlet to support and nurture new artists to the best of my ability.”