Gotti’s own long career has been marked by some major-label setbacks. Gotti is uniquely qualified to lead his CMG label, and navigate the sometimes choppy waters of major label partnerships. MORE: These 5 pioneers of Memphis rap helped pave the way for city's current hip-hop renaissance 1 album on the Billboard 200 with “A Gangsta's Pain.” The record debuted at the top of album charts, spent another week in the top spot, and continues to be lodged in the Top 5, more than a month after its release. In April, Memphis rapper Moneybagg Yo earned his first-career No. The formal announcement of the deal with IGA comes in the wake of a series of major successes for Gotti’s CMG artists. Last week Gotti cemented his status as his CMG label and Interscope Geffen A&M (IGA) confirmed a deal “where both organizations will collaborate to continue developing the careers of CMG's successful roster of artists.” Gotti, confirming the news on social media, posted “New Deal, New Money, New Opportunities! New Home For CMG Records. Over the course of the last 25 years, Yo Gotti has continually evolved - from Memphis street rapper to independent label head, from mainstream hip-hop star and now a rising industry mogul, helping steer the career of some of rap's most buzzed-about new stars. View Gallery: Memphis rappers: Yo Gotti, NLE Choppa, Moneybagg Yo, Three 6 Mafia
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