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Fall Out Boy bassist Pete Wentz has announced the relaunch of his Decaydance record label. Speaking with Rolling Stone, he said that the diskery has been renamed DCD2.

Fall Out Boy bassist Pete Wentz has announced the relaunch of his Decaydance record label. Speaking with Rolling Stone, he said that the diskery has been renamed DCD2: “I’m saying it’s an ‘expansion’ of what Decaydance was,” he began. “We’ve always tried to do what Jay Z did with Roc-A-Fella, so maybe this is our RocNation. It’s going to be home to some of the past Decaydance artists who are still making music, plus a couple of new artists that represent the next logical step forward.” DCD2’s first release will be from LOLO, who last year featured on the Panic! At The Disco single “Miss Jackson.” LOLO’s first single “Hit & Run” is available now. The next release will be from New Politics, who will join LOLO and Fall Out Boy for MONUMENTOUR this summer. Copyright(c) 2014 RTTNews.com. All Rights Reserved