With internet rumors flying about Block Entertainment being released from its deal with Atlantic, and the label's golden boy Yung Joc said to be packing up for greener pastures, spoke to the label's CEO Russell "Block" Spencer to set the record straight.

"First off, Block'll never get dropped from nothing I do," said the music mogul in an exclusive interview with.

"That's nowhere near true, man," he continued. "And you'll hear that from Lyor [Cohen] himself. He's gonna send out a statement. You can't believe everything you hear man. I can never lose nothing. Believe that."

The former Tupac manager and music exec responsible for signing acts like Ciara, Boyz N Da Hood, Young Jeezy and Gorilla Zoe, also took time out to give his two cents on the state of hip-hop as a whole and why his artists will still sell in the "hip-hop drought."