Rumors have been swirling around recently concerning Lil’ Kim and her record label Atlantic Records. A recent article on Billboard.com cited her comments during an appearance on the “Streetsweeper Radio” radio show of DJ Kay Slay, where Kim noted that she harbours no ill will towards Atlantic Records, but that she is eager to release her next record independently. That statement has been taken to mean that she and Atlantic Records have parted ways.

Aside from that statement, Lil’ Kim is also rumored to be in negotiations with Imperial Records, which is the independent division of Capitol Music Group. The release of her next album is planned for sometime around April or May this year, even though there has been no confirmation yet from her representatives as to her move to Imperial Records. She has stated though, that she is prepared to work on this project without the backing of any major label.