The pact between CMG and RED, a division of Sony Music Entertainment, enables the indie label (save for K.R.I.T., who is signed to Def Jam) to retain creative control and operational independence for his roster of acts, which includes new signees Fat Trel and Cashius Green.
CMG head and Smokers Club founder Jonny Shipes was ecstatic over the deal.
“This deal is so special to me because I am finally able to sign artists that I fuck with and believe in, and give those artists a chance to build their dreams while building mine,” he told XXLmag.com in a statement. “No more listening to these business men in power of music telling me what is hot and what is not. Now me, someone who knows music, is in charge of his own music venture. So in closing, fuck you very much majors and I hope you run out of money sooner than later.”