Wu-Tang, who first came to prominence via Rifkind's now-defunct Loud Records, have not released a group album since 2001. During their six year hiatus, all nine members of the New York bred rap collective have released solo albums.
"I just got off the phone with Divine and RZA from Wu-Tang, we are coming back, we are joining forces for one album, coming up in 2007," said Rifkind via a video on his blog , thelabel.blog.com. "I don't know what the name of the album is but we are back, its official. Wu-Tang and Steve Rifkind are back together."
Rifkind is also credited for breaking rap acts like Mobb Deep, Big Pun and Xzibit, among others. His current SRC roster includes Akon, Remy Ma, Pharoahe Monch and Remy Ma.