Detroit rapper Obie Trice has reportedly severed ties with Eminem's Shady Records.

Obie's manager, Terry Wilson, revealed to Allhiphop Monday (June 30) that the break-up between Shady and Obie was amicable and that the rapper is launching his own label called World Wide Hustle,

“Obie and Shady were moving in different directions,” explained Wilson.  “But he still has a great relationship with Shady Records.  He has some big plans for his World Wide Hustle label.”

Obie dropped a song titled “Giant” yesterday (June 29) which speaks on his departure from Shady Records.  Obie implies that Shady’s parent company, Interscope, is the main reason for his departure.  [Listen to "Giant"]

Obie was signed to Shady/Interscope for eight years and released two albums, Cheers and Second Round’ s On Me. He is currenlty working on his third album titled Bottoms Up Your browser does not support inline frames or is currently configured not to display inline frames. RONG>.