Last week, rumors flew around the internet that Ciara had been dropped from her record label, Jive.  Those rumors turned out to be false, though not too far from the truth. It appears that Ciara wants out of her contract.

St. Louis rap star Nelly has lashed out at his record label, Motown/Universal over the disappointing sales figures for his latest album 5.0, which landed in stores last week.

Lupe Fiasco tweeted a photo of him and Atlantic Records president Julie Greenwald along with the text "Victory" signaling an end to the beef between Lupe and the label.

Lupe Fiasco has been battling his record label, Atlantic, which just so happens to be owned by Warner Bros., over the constant delaying of his third album, Lasers, for the last couple of years now.

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L.A. Reid maintains his position as chairman of the Island Def Jam Music Group despite a deluge of rumors to the contrary.