Though it's been a successful decade plus, the Brazilian star recently made headlines when she aired grievances with the label.
The new deal will develop Pipe's career at a musical and commercial level in Mexico.
"Thank you to everyone who has been there to cheer me up, dried my tears, inspired me and made me grow," she said.
The Mexican balladeer is currently on his Live Nation-produced El Buki World Tour.
The Mexican grupero band, which is celebrating 40 years in music, performed two back-to-back sold-out shows at Allstate Arena.
Also, Karol G will make her Saturday Night Live debut. See more Latin news below.
Pick your favorite new Latin music release of the week.
The Puerto Rican artist also teases his upcoming Coachella gig in his Billboard interview.
Puerto Rican star Ricky Martin presented the hitmaker with the special honor.
Billboard's "Las Poderosas" series celebrates Women's History Month with conversations with powerful Latin stars.
