According to the New York Times, P Diddy is currently shopping round for a new major label distribution deal for his **Bad Boy
Entertainment business. His existing deal with the Universal
Music Group**, said to be worth $20 million, is due to expire in a years time and word has it that, while Combs and Universal management remain on good terms, neither side feel the partnership has been particularly productive. The paper says Combs is looking for $30 million for his next multi-year deal.