Ashanti is taking the independent route with her next album. A day after releasing her Busta Rhymes-assisted single, the R&B diva has officially announced her new record deal.

The Grammy-winning singer will release her fifth album, the follow-up to 2008’s The Declaration, through her own label Written Entertainment under a worldwide distribution and label services deal with eOne Music. She was previously signed to The Inc./Universal Motown.

The first single from the 2012 release, “The Woman You Love,” features Busta Rhymes and was produced by Jerry “Wonda” Duplessis (The Fugees, Mary J. Blige). It is available now on iTunes.

“eOne is proud to have a partnership with Ashanti and her label Written Entertainment,” said Alan Grunblatt, President of eOne Music. “Ashanti truly has the independent entrepreneurial attitude that eOne was built on, and we’re thrilled to be working with her.

Ashanti added, “I’m so excited to have my own record label, Written Entertainment. With eOne as my distributor, I feel that their innovative and ambitious approach to the music industry, really gives my label a worldwide presence. They have the top radio people in the business and are hungry to win! The more I learned the business the more I knew this is what I wanted. Ownership is so important. As a business woman this was a great move for me!”