Business News Labels & Publishers Management & Funding

Kid Cudi shuts label, sacks management

By | Published on Wednesday 2 March 2011

Kid Cudi

Kid Cudi has announced that he has closed his record label Dream On and parted company with managers Patrick Reynolds and Emile Haynie. The label was founded by the three men two years ago in partnership with Universal Motown and Kanye West’s GOOD Music, and Cudi says that his affiliation with those two companies will remain in place.

He said via Twitter yesterday: “Dream On is over, new label announcement soon. Pat and Emile are doing their own thing, I wish them well. I have a [different] vision, for music, for the world. I’m just doing the right thing, I come from a different place. People lose sight of the mission. Can’t expect everyone to be built like me. When people have different visions, you gotta go your own way”.

On the subject of his deals with GOOD and Universal, he said: “Always fuckin with Kanye, for life. Period. A true friend. GOOD Music affiliate for life. As far as my movement, I have to lead it. Can’t expect people to have the same morals as me. I am still with GOOD Music …  I’m just changin my side of things up a bit … Still distributed through Motown”.