Sunday, April 24, 2011 4:25am ET by  
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Kid Cudi announces new label

Kid Cudi announced the name of his brand new record label, and newly changed band name, at his gig in New York City on Thursday, April 21. 

The 'Day 'N' Nite' star revealed that he'd split from his management and ended his old label back in February, but last week told an excited crowd that his new project was called 'Wicked Awesome Records' and his band name had been changed from 'Wizard' to '2 Be Continuum'. 

In regards to his third album, Cudi said:

"We've been working real hard on this project. I'm really f*cken excited for you to hear it,"

"We're gonna have the first single for y'all soon." 

Watch his live announcement here: