Its finally official, P Diddy has signed an agreement with Warner Music Group. Basically, this means that P Diddy can benefit by using Warner’s Atlantic Label to promote his new releases.

“I am thrilled to be working with Lyor Cohen and the entire WMG family,” Combs said in a statement. “It was important for me to have the opportunity to grow Bad Boy, and I can do that with WMG. This is a perfect situation for me and Bad Boy, and I can’t wait to get out there and continue making music history.”

Warner issued a statement.

“We’re thrilled to welcome Sean and Bad Boy Records to the Warner Music fold,” Cohen stated. “We believe Sean’s entrepreneurial spirit and willingness to push the envelope creatively will be a perfect fit for Warner Music Group. The Bad Boy name has not only stood for hip-hop music for more than a decade, but has evolved into a unique and vital brand.”

Credits: Ryan Maxwell