[Pic via Pretty on the Outside]

"She's on Island, but it's more or less [Def Jam CEO Antonio "L.A." Reid's] project," Dupri says. "I let him deal with that on a day-to-day basis. He's going to A&R that project, too. Janet's record is one that he's wanted to do for a long time. He's very passionate about it.

Jackson's departure from Virgin comes in the wake of two consecutive commercial disappointments: 2004's "Damita Jo" and last year's "20 Y.O." Her departure from the label was widely rumored after Dupri exited the company late last year to become president of Island Urban.

Labels: Janet Jackson, Jermaine Dupri