Music

After a 10-year contract with Interscope, the 'M.I.L.F $' hitmaker has partnered with BMG to launch her own label.

• May 25, 2017

AceShowbiz - Fergie a.k.a. Stacy Ferguson exited Interscope after 10 years. The "M.I.L.F. $" hitmaker has entered a worldwide partnership with BMG and formed her own label, Dutchess Music. Through her own label, she will finally release her second solo album "Double Dutchess".

Fergie says in a statement, "This new era, which includes starting my own label and creating a global partnership with BMG, is a dream come true. It's an opportunity to release my solo music as well as develop and nurture new artists. This next chapter in my career will allow me the independence to evolve both as an artist and as a businesswoman."

"BMG has such an incredible legacy in the music industry, and I look forward to working with their very experienced team to make new music, memories and magic!" she continues.

She shares on Twitter a photo of her sitting on a throne along with caption, "Been working on the low... #bossmoves take time... thank u for being so patient, I love u!!! https://smarturl.it/FERGIExBMG #DutchessMusic."

Been working on the low... #bossmoves take time... thank u for being so patient, I love u!!! ❤️💛💚💙💜🖤 https://t.co/sgq5fM0RXr #DutchessMusic pic.twitter.com/xevrrPFwZI

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— Fergie (@Fergie) May 24, 2017

Zach Katz, BMG U.S. President Repertoire & Marketing, says, "Fergie is part of an elite group of talented artists who continue to evolve and redefine the meaning of originality. From her creativity and style to her stature in pop culture, simply put, there's only one Fergie."

Jon Cohen, BMG EVP Recorded Music, adds, "What Fergie has put together with Double Dutchess is so inventive it redefines her as an artist. Her prolific output has already made our collaboration one of my most exciting times with BMG and we can't wait for its reveal."

According to a Interscope insider, "the decision was made to part ways." The source tells Variety, "We were all in concert and want what's best for Fergie."