Kid Cudi Ends 'Dream On'; Planning New Label Venture

Rapper Kid Cudi is making major changes in his career, by changing his email address, phone numbers and record label.

Cudi hit Twitter on Sunday (February 27th) and revealed that his record label Dream On has been shut down.

The rapper, who launched the label in 2009 with partners Emile Haynie and Patrick "Plain Pat" Reynolds, said that he had a "different vision" for the label.

"Pat and Emile are doing their own thing, i wish them well. I have a diff vision, for music, for the world," Cudi tweeted of Dream On, which released the rapper's first two albums through G.O.O.D. Music/Universal Motown.

Dream On released Cudi's critically acclaimed albums Man On the Moon: The End of Day and Man On the Moon II: The Legend of Mr. Rager.

According to Kid Cudi, his new label will still be distributed through Kanye's G.O.O.D. imprint.

"I am still with GOOD music, with that being said im just changin my side of things up a bit. im just doing the right thing, i come from a different place. people lose sight of the mission. cant expect everyone to be built like me," Kid Cudi tweeted.

According to Kid Cudi, he has a name for the new label, but hasn't revealed it until he can lock the name in legally.

"This is a day to rejoice, this isnt bad news. things are gonna be so epic, im like a kid on xmas eve im so excited bout this new chapter."