After departing Atlantic Records earlier this year, Wale has found a new label home according to reports from Billboard.Yesterday (5/16/18) In LA the MMG rapper was joined by Warner Bros. co-chairman/COO Tom Corson, Warner Music Group CEO Stephen Cooper, MMG founder Rick Ross, Spotify’s head of urban Carl Chery and several other Warner Bros. executives including Chris Atlas, senior VP/head of urban marketing, and PJ Bloom, senior VP of film & television music and soundtracks to celebrate their new alliance. Wale is joining a roster that includes Mac Miller, PARTYNEXTDOOR, Roy Wood$ and others.

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In a statement to DJBooth, Wale says he chose to sign with Warner Bros., which is coincidentally the parent label of Atlantic, due to the financial support and creative freedom the company offers — as an artist and a label owner.

“This is what Every Blue Moon needed, this what Wale needed, this is what my daughter, Zyla, needed!” Wale said. “I’m finally an executive. A real exec. Watch it all unfold. Once I get myself settled in I’m changing the industry the way I see fit and working vigorously to create, sign and promote DOPE SHIT. I’m richhhhh, biyaaaaatch.”

Wale has dropped two EPs — It’s Complicated and Self Promotion — this year and is set to release his sixth studio yet to be titled album. His Every Blue Moon imprint currently counts fellow DMV rapper Phil Adè on its roster, along with various musicians, comedians and screenwriters.