The other day we told you guys about Jennifer Lopez being dropped from her label and since then, J.Lo and her PR team put out this statement:

“I am making this statement to put an end to any confusion in regards to my next album, titled ‘Love.’ I have belonged to the Sony family since the beginning of my career as a singer and together we’ve had great success. I have fulfilled my contractual responsibilities with Sony/Epic up to this point, and we have both reached friendly terms about my departure from the label. I’m also happy to say that we’ve found a new home for my album, ‘Love,’ and that it is slated for release in the summer of 2010.”

So the big question is what label signed the former bootylicious diva? Well, we are getting word that Island/Def Jam has signed her to a new contract and will put out her next album, Love?. But is this a good move? Hard to say at this point. Maybe Island/Def Jam will market her better than Sony/Epic can. **Shrug**