You read that title correctly, Lil Wayne’s Cash Money Records has signed Paris Hilton. Not sure to sure what to think about this but she says she wants to release a follow up album to her horrific 2006 effort. I would love to hear what Nicki Minaj has to say about this signing since she is the queen and only female of Cash Money.

Kanye West will be projecting a new song and video from his upcoming album onto 66 buildings across the world tonight. This is quite an amazing feat and incredible idea. Locations and times can be found here. If you are lucky enough to be in the area of one of the projections I suggest you add it to tonights agenda. UPDATE: Click the jump to see a full video of the track, “New Slaves”, being played on a building in NYC.

NEW SONG AND VISUAL FROM MY NEW ALBUM BEING PROJECTED TONIGHT ACROSS THE GLOBE ON 66 BUILDINGS, LOCATIONS @ KANYEWEST.COM

— KANYE WEST (@kanyewest) May 18, 2013

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In his first label signing through his CTE World Venture with Atlantic Records, Jeezy signs Detroit supergroup Doughboyz Cashout.

Go download Doughboyz Cashout’s mixtape The Tester.

Kanye West took to his Twitter earlier this morning reveal the release date for his upcoming album. There have been talks floating around about ‘Ye dropping new music very soon and it is now confirmed for us. His new single is rumored to be called “I Am A God,” but the album name remains unknown.

June Eighteen

— KANYE WEST (@kanyewest) May 2, 2013

Neighborhood Pusha made an appearance on “106 & Park” earlier today and finally gave us a release date for his debut solo album My Name Is My Name. The release date is July 16th and let’s hope that date actually sticks. Also he is set to premiere the music video for his new single, “Numbers On The Boards”, sometime next week.

After being named one of XXL’s 2013 Freshmen, Logic is now the newest signee at Def Jam Records.

Just hours after releasing his new single, “Girls”, CuDi dropped a bomb while on LA’s Power 106 radio show announcing his departure from G.O.O.D. Music. He said there are no hard feelings and that Kanye agreed the split would be best for both artists. Check after the jump for a video of him announcing during his radio interview.

Man, everything is cool. Everything is peace with everyone on the label, but I’m announcing that I’m no longer on G.O.O.D. Music. And this is something that no one knows really. I’m no longer on G.O.O.D. Music.

Me and Kanye were actually talking on the phone the other day, and there’s been things I wanted to talk to him about. About me wanting to start my own direction, and he got because he’s trying to start his own new path, and trying new things as an artist. And he was just like ‘Man, I feel you. It’s cool.’ This is just from a business standpoint. There’s no beef with anyone on the label. It’s all love.

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Here is the 2013 XXL Freshman Class. Some may disagree with a few of the selections thinking they should have been on the cover 2 years ago but that is why there is always an uproar over these covers. Dizzy Wright was 10 Spot People’s Champion Winner and the cover includes a note stating Chief Keef as the “11th Freshman”.

After seeing the them working in the studio, Mannie Fresh confirms that his OMFGOD project with Yasiin Bey (Mos Def) is complete and currently in the mixing stage. Keeping it to a feature-free 10-track project, Mannie shares some thoughts on the project.

We recorded way more than that. But rather than to [just] have somebody say like, ‘Oh, wow’ – I think a lot of times when you do that you throw away music. So, I just wanna give people like ten bangers and let’s be out.

Mos is a Hip Hop head, so it kinda came easy. And, by him being a Mannie Fresh fan, and me being his fan, it came real easy. And I think that’s the way the process should be. We should have fun. It was no stress; we didn’t have no budgets from nobody, we didn’t have nobody hanging over us, no A&Rs. It was just something that we decided to do.

During a recent performance at LA’s Key Club, Method Man briefly speaks on an upcoming Wu-Tang Clan album to release in November to celebrate their 20th anniversary.