Kid Cudi has severed ties with G.O.O.D. Music, Kanye West's boutique label, which he signed with back in the fall of 2008.

"Everything is cool, everything is peace with everyone on the label," he explained in an interview on Power 106 in Los Angeles earlier today (April 2). "There's never been any issues but I am announcing that I'm no longer on G.O.O.D. Music."

Cudi, whose album Indicud drops April 23, explained that the separation came about very smoothly.

"Me and Kanye.... we were talking on the phone the other day," he said. "These are things I wanted to talk to him about, about me starting [on] my own direction. And he got it. Because he's trying to start his new path and try new things as an artist, as he was just like, 'You know, man, I feel you. It's cool.'"

He reiterated that there is no drama with anyone on G.O.O.D. Music.

"This is just from a business standpoint," he explained. "There's no beef. No problems with anybody on the label. It's all love... I wanna focus on Wicked Awesome. I wanna focus on [King] Chip. I don't wanna have like a full label of artists"

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