After leaving Def Jam in 2014 and signing a distribution deal with Capitol Records for his new Contra-Paris label, The-Dream announced today that he's pushing back the release of Crown Jewel and terminating his partnership with Capitol Records.
Crown Jewel was originally slated for release today, but logistical problems pertaining to the album's masters prevented it from dropping on schedule.
Read his statement below:
Out of Respect for Steve Barnett I will not point any blame at Capitol records although I am reserved in my feeling about certain things. A 3 month long negotiation has ended and I am no longer being distributed by Capitol Records. My team tho in spite worked hard to retrieve masters in time to put them back up directly from Contra Paris , what happened; Because of the time the date has been pushed back as it took till yesterday to Get masters Back in order to have to even Put out at a Later Date. This is business so even though personally I am responsible for my music , the other parts sometimes you can’t control and when something’s not right I’d rather have the Time to make it the best vs just throwing things out. The album as you see was completely done April 21st and fortunately I own them , however when you take a product back and then want to distribute yourself after Codes are in systems at various Outlets, Tidal, iTunes exit. It has to be recoded and unfortunately the date changes based on all proceeds coming direct to Contra Paris rather than being split between a Major. Basically even tho I have the record I could not put it up either. Doesn’t change the fact that I have a lot of music and would love for it to be out but Things happen when you are fighting for what’s right, we all will get over. Legally that’s all I can say, “wink like a motherf*cker."
The-Dream released the "Crown" side of the album back in April. For "Jewel," we will have to wait a little bit longer...
[via]