Longtime T.I. affiliate Iggy Azalea has been rolling with his Grand Hustle Records for some time. She went as far as reportedly signing with Tip’s label after a tenure at Interscope Records, under the praise of label chairman Jimmy Iovine. From early 2012 reports, T.I. was slated to executive produce her debut LP. A press release from Island/Def Jam Records today has revealed that the Australian emcee has reportedly inked a new deal, with Island.

While neither T.I., nor Grand Hustle were mentioned in the press release, Iggy reacted, “I am elated to be a part of the Island Def Jam family!” said Iggy Azalea in a press statement. “After speaking in depth with David [Massey], Steve [Bartles] and Chris [Anokute], it became clear that Island Records was attuned to the type of artist I am. They are a great addition to my UK team, and I couldn’t have asked for a more understanding and aspirational group of people to work with.”

Iggy’s keeping her long-reported album title, The New Classic, which is said to include the single “Work.” Her album is planned for 2013 release.

UPDATE: Iggy Azalea took to Twitter to react to the perception of her leaving Grand Hustle Records. She clarified that while she appears to not have a business relationship with T.I.’s label, she plans on further working with them, and will be on the forthcoming Hustle Gang project:

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