Kid Cudi has announced that he is parting ways with Kanye West, and leaving G.O.O.D. Music record label. Cudi made the announcement during his visit to Power 106 in L.A.. Check out what he had to say:

“Man, everything is cool. Everything is peace with everyone on the label, but Im 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.”