Sean Combs founded Bad Boy Entertainment in 1991, and began working with Clive Davis and Arista (BMG) in 1993. The two companies formed Bad Boy Records as a 50/50 joint venture. In 2002, Combs acquired Arista's 50% of their Bad Boy Records joint venture and walks with its complete roster and catalog. Universal acquired a 50% stake in Bad Boy Entertainment for $30 million in February of 2003. Diddy celebrated a new distribution partnership with Universal by releasing an overview of his label, 262890, in March of 2004. via Discogs →