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Diddy And Dirty Money - HMV Oxford Street Single Signing

Source: Ian Gavan / Getty

Via Brians World : Sources report that Diddy’s Bad Boy Records has partnered with Epic Records for a distribution deal. Head of Epic Records, L.A Reid had this to say in a press conference:

“Sean ‘Diddy’ Combs aka Puff Daddy and I have been musical collaborators since the 1990s, when we both ran independent record labels, myself with LaFace and soon after, Puffy with Bad Boy.Over the years, we not only enjoyed incredible success together, but we also became lifelong friends.  Today, of course, Puffy is truly in a league all his own, continuing to influence culture and ignite musical revolutions time and time again. He’s a true innovator and I could not be more excited to join forces once again.”

This appears to be a big move for Diddy and Epic Records, he had nothing but great things to say about L.A. Reid and the partnership:

“I have known LA Reid since the very beginning and together we have enjoyed countless successes over our long friendship, To now work with LA in this capacity feels more like a homecoming than a new beginning. Not only is he a fearless and smart businessman, he believes in artists and understands music better than anyone.  He embodies hard work and true success, evident in all of his endeavors.  To collaborate with LA Reid is to collaborate with the very best.”

Congratulations to Diddy and L.A Reid for their business deal! Wishing them nothing but the greatest.