The label who brought us Classic acts, such as Biggie Smalls, Mary J Blidge, the introduction of Young Jeezy with rap group Boyz in The Hood, and countless others is reportedly shutting down with all acts either being dropped or carried by parent company Interscope.

Failing to make a major impact in the music business since its last certified album in 07, most of staff have been transferred to Diddy’s current successful companies, such as Revolt TV, and Ciroc.

The end of the iconic label has not been confirmed as of yet but sources are stating that operations make come to a halt soon as we enter Black History Month.