Shady Records Issues Statement On Obie's Departure

Following the heavy circulation of Obie Trice's new single "The Giant" signaling the Detroit rapper's departure from his situation with Shady Records and it's parent company, Interscope, the brass at Shady issued a statement Monday (Jun 30) reaffirming its support of Trice's decision.

"Shady Records has agreed to allow Obie Trice to pursue his craft in a different forum free from the constraints of the current major label model," Eminem's long time partner and manager Paul Rosenberg told AllHipHop.com.

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