The latest funding round values the Label Engine and Flighthouse owner at $1 billion.
After a brief dalliance with FUGA, West's new album moved back to Label Engine, which had distributed the lead singles.
The deal includes the label's recordings, publishing, back catalog and future output.
The rivalry between Dillon Francis and DJ Hanzel grows with each passing day, especially since, according to their Twitter exchanges, it seems Dillon forced Hanzel’s hands into releasing his album potentially a bit earlier than he’d hoped. (Of course, this is all in good fun, right?) DJ Hanze