Rick Ross is taking his imprint, Maybach Music Group, from Warner Bros. to Atlantic Records.
The rapper confirmed what he called "the biggest move of the year" on a Miami radio show earlier this week.
"I'm excited for this year we got coming up, man," he said. "This is really huge. MMG, we just merged with Atlantic Records. . . . 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."
The move prompted rumors that Warner’s urban music division would be shuttered. A rep for Warner Music Group told Pop & Hiss that, contrary to reports that surfaced online, the department wasn’t folding.
"Warner Bros.' Burbank-based urban department will remain where it is and continue to sign and develop its roster of world-class urban talent. The label's outstanding New York-based urban music team will continue its incredible work, only now as part of Atlantic Records."