Finally! Some clarification on Young Thug's label situation.
Record executive Kevin Liles recently sat down with Revolt and shed some light on what's going on.
During the interview, Liles revealed that Thugga is actually signed to his 300 label. Complex reports that the label is an imprint of Atlantic Records.
"Our business motto is this, if you're out there taking risks, we wanna reward you with a great deal," Liles said. "There should be no cookie-cutter deal. There should be a smorgasbord of deals that we could do with entrepreneurs. We built a platform, similar to what we did with Roc-A-Fella, Murder Inc., Disturbing Tha Peace, Ruff Ryders, we just provided platforms for people to build companies."
Prior to Liles' announcement, Music Times reported that Thug had been signed to multiple labels including Cash Money.
"Rich Gang to the death," referring to Birdman's Cash Money stable. "Big shout out to Guwop. He was a big help to my career. But, I'm with Rich Gang and that's how we gone turn it up...[Birdman] is like a real father figure."
Back in 2013, Thugga signed to Gucci Mane's 1017 Bricksquad. Then in January, YT announced he would be signing to Future's Freebandz label. Boss man Gucci ordered websites to take down the story and the information turned out to be false.
In addition to Young Thug, Hip-HopDX reports that Atlanta rap trio Migos have also reportedly signed with Liles.
The 300 label is also headed by Todd Moscowitz and Lyor Cohen.
