FUBU Records announced that FB Entertainment has just signed the New Orleans rap group, 54th Platoon to an exclusive $1 Million record deal. ‘Holdin’ It Down,’ is the first single set to be released by the quartet hailing from New Orleans’ 9th Ward. 54th Platoon recently shot the video for the track, which is produced by the Atlanta hit-maker, Lil Jon (Bia’Bia’) of The East Side Boyz. Their debut album is set to be released this fall. Read more.