Only days after news broke that Diddy would be exiting Warner Music Group and rumors began to swirl about a possible partnership with Interscope, it is official. Diddy is now formally apart of the Interscope family. According to the press release:

"Under the new partnership, all of Diddy's future releases will be distributed via Interscope Records, as will albums by any future artists to join the Bad Boy roster. All artists currently signed to Bad Boy Records will still continue to release projects through Warner Music Group."

This includes Diddy's latest project, Last Train To Paris, which will hit stores on November 24th via Interscope. In the release Diddy made the following statement:

"I am excited to be partnering with Jimmy Iovine and the Interscope Records family on all my future music ventures which include my career as a recording artist and upcoming record label. With this new deal, I look forward to signing music's next great superstars to the label and continuing the legacy of making great music at my new home. This is the beginning of a new musical era for Bad Boy." (Source: Interscope Records)