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P-Diddy Confirms Atlantic Records Departure

P Diddy confirms Atlantic Records departure
Saturday, September 26 2009, 4:56pm EDT

By Marcell Minaya, Entertainment Reporter

P Diddy has confirmed his departure from Atlantic Records.

The Bad Boy Records CEO has affirmed recent reports of his split with the Warner Music Group.

Diddy told Billboard: "Now that the term of the Warner deal has ended, I have elected to accept an opportunity to move my recording career and future label venture to another company."

The music mogul is allegedly in final negotiations to settle with Interscope Records and release his upcoming album Last Train To Paris.

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