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With Yeezy Season in full effect, the rapper has added a new rapper to his G.O.O.D. Music roster, who is also a Chi-town native. Hollywood Holt, or just Holt, made the announcement via twitter and Instagram today.

Troy Ave is doing pretty well for himself as an independent artist, and while he's looking to maintain that level of creative control, he's looking for some type of major label backing as well.

Mariah Carey did not have the best 2014. Despite releasing a solid late career record, the iconic singer experienced a record low in album sales, with Me. I Am Mariah…The Elusive Chanteuse still sitting at just over 100,000 sold.

Despite tensions running high between Lil Wayne and Birdman, and by extension, Young Money and Cash Money, YM is still keeping business alive and well, signing a new singer to their roster.

Not that 50 really needs another business venture on his plate, but the rapper just locked down a deal with underbrand Frigo RevolutionWear for a reported $78 million. The music mogul let fans know via an Instagram post, and also spoke on it during a recent visit to Seth Meyers' late night show.

When Lil Wayne took to Twitter earlier this week to announce the delay of Carter V, it wasn't all that surprising. What was surprising was his vocal frustration with both the label and his mentor/father figure Birdman.

This is definitely not news we were expecting, but good to hear for the veteran radio personality nonetheless. Angie Martinez is making stiff competition for her fellow on-air personalities, by inking a management deal with Jay Z's Roc Nation.

Juvenile has returned to the label he once called home. The veteran Lousiana, New Orleans rapper first signed to Cash Money back in 1997, when he released his second album Solja Rags.

Not that Kanye West really needs the money, but the rapper reportedly turned down an offer from a Las Vegas casino which would have made him the highest-paid act in Vegas, topping Jennifer Lopez, Celine Dione and Britney Spears.

Earlier today we premiered a new record from former Bad Boy rapper King Los, "Only One Of Me." Along with the new single, Los had some big news to share; he inked a deal with RCA for himself and the After Platinum imprint. 

Mac Miller proved that a rapper can be successful as a completely independent artist, paving the way for artists like Macklemore who found similar benefits doing things on their own. This makes news that Mac has signed with Warner Bros. an even bigger deal, making this his first ever pairing with a major label.

Today we received the new single from Run The Jewels' forthcoming second album, RTJ2, "Blockbuster Night Pt. 1." The record came via Mass Appeal, as well as the announcement that the duo Killer Mike and El-P have signed a deal with Mass Appeal Records.

What most music fans don’t know is that a major record label deal is not guaranteed change in your pocket. A recording contract is essentially a legal agreement which allows the record label to exploit an artist’s work through recorded material.

Bobby Shmurda has been taking over the NY streets these past few weeks with his record “Hot Nigga”, and its Shmoney Dance. While doing some promotion runs earlier this week, Bobby revealed that he was in talks with some record labels, and it looks like he’s already picked a home.

With the launch of Nas' Mass Appeal imprint, we had heard rumors that he signed Boldy James, Bishop Nehru and Fashawn. While Boldy James has been confirmed as a signee of the label, we haven't received confirmation from the source on the other two rising MCs.

French Montana has added a new artist to his Coke Boys roster, the multi-talented Velous. Velous is a Kingston, New York native who can sing, produce and rap. He impressed French when he visited the rapper's studio earlier this year, and soon a deal was in the works.