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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.

The other week we learned of Young Thug's connection to the newly-launched 300 label. Kevin Liles, one of the label's executives, revealed that they have some sort of deal with Thugga although the exact details remain unclear.

Young Thug seems to be signing deals with just about everyone these days. Today it's being reported that Thugga is signed to the independent label 300, helmed by Lyor Cohe and Todd Moscowitz. This just muddies the water even further when it comes to Thug's label status.

Will major labels become obsolete one day? Today we've received news of mainstream rapper and former major label artist, Game, choosing to go the indie route by inking a deal with distributor eOne for his forthcoming studio album (despite plenty of past rumors he was signing with Cash Money).

Common has been working on a new album, Nobody's Smiling, entirely with producer No I.D. At the end of last week he dropped a new leak with Vince Staples, "Kingdom." Now he's followed it up with a release date, plus news of a new deal for the Chicago native.

Dr. Dre recently surpassed Jay Z as the second richest rapper in the game, and it looks as though he could take the throne from Diddy if Apple successfully buys him out of Beats Electronics. 

Boldy James is one of the illest rappers you probably haven't listened to yet, but we can expect that all to change very soon now that he's got the backing of the original Illmatic MC, Nas.

Suge Knight recently appeared on Arsenio Hall and had some harsh words for the major music labels, even going as far as to compare label deals to a slavery, and specifically calling out Kendrick Lamar and Game as having "two of the worst deals in the industry."

K Camp currently has a few singles that are buzzing in his native Atlanta, and as their buzz continues to grow, we're sure to see them takeover the airwaves in more and more locations. It appears Interscope Records caught wind of the rising rapper, and they've signed him.

Jay Z is no doubt an icon in hip hop with his platinum-selling albums and sold-out tours.

50 Cent made a big announcement yesterday, as he departs from Interscope Records and heads down the independent path for himself and his G-Unit imprint over at Caroline, under Capitol Records.

50 Cent has struggled in recent years to release new music and to stick to release dates for his oft-delayed Street King Immortal as well as the more recently-announced album Animal Ambition.

As we reported last night, J. Cole has announced the official launch of his Dreamville imprint, which will host his Dreamvillain artists whom we've become familiar with through Cole, such as Bas and Omen. 

Young Thug's stock continues to rise, with hits like "Danny Glover" and "Stoner" currently receiving freestyle and remixes galore, not to mention a co-sign from Kanye West when he was seen turning up and singing along to Thug's hits at a club in Paris.