It's official; Richie Spice and his long time management company Fifth Element Records have parted on amicable terms. After months of speculations, company officials are now confirming what has been thought true, and reminds fans and media members that it was a consensual decision taken in the best interest of Richie Spice's career. Fifth Element Records can be credited with shaping the career of Richie Spice; one of the world's most critically acclaimed reggae artistes, and has expressed their blessings for him on his journey.

After spending so many years atop charts around the world, Richie Spice has taken a decision to invest more time and energy into his own previously formed family based management company, aptly titled Bonner Cornerstone Music. Bonner Cornerstone Music currently handles the affairs of family members, Spanner Banner, Snatcha Lion including Richie Spice himself.

According to Richie Spice, the change was necessary, as he desires to take his career on a different path.