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Freddie Gibbs is no longer down with Young Jeezy’s CTE World imprint, but the label still found a new place to call home.

CTE is being distributed by Atlantic Records, opening the door for Jeezy to drop compilation releases via the label.

The Atlanta native was named Senior VP of A&R at Atlantic, so bringing his own label to the team appears to be natural progression in the expansion if his career. In  a press release serviced to the media the 35-year-old explained that the business venture further embeds his dedication “to the commitment of finding, developing and launching the careers of new talent on a worldwide platform.”

Jeezy also detailed why he and Gibbs cut ties with one another, calling his newest deal a “fresh start for the CTE brand.” According to the Snowman, the decision to end his business relationship with the Indiana rapper, was an attempt to start fresh. “This is why I chose to wipe the slate clean and create an outlet to support and nurture new artists to the best of my ability.”

In an ironic twist, Jeezy’s current rival, Rick Ross is rumored to be bringing his MMG imprint to Atlantic as well. Looks like they might end up being label mates, again. Rozay and Jeezy are both signed to Def Jam as solo artists.

Photo: Zimbio