Virginia rap duo The Clipse have ended their deal with Jive and the
Neptunes’ Star Trak Entertainment and have inked a new deal with
Columbia Records, Billboard reports. 

Under the terms of the
deal, the group’s label Re-Up Gang Records will have a 50/50 profit
sharing agreement with Columbia, in addition to owning the master
recordings for their roster of artists. The group will release a Re-Up
Gang compilation and a new album, which will include production from
Timbaland, Dame Grease and Danjahandz. 

“I can honestly say that we were
all friends before the music and will be friends to the end,” Malice
told Billboard. “Everything is business. If we had our way,
we would always be on Star Trak. But it’s what’s working for you and
what’s not. We just want good energy, and Columbia has both the urgency
and the muscle.”