Spencer Smith (Ex-Panic! At The Disco) Is Now Working At Pete Wentz' Label

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Ex-Panic! At The Disco drummer Spencer Smith has found himself an official role at Fall Out Boy's Pete Wentz' record label. The two shared a photo last night in which they shared the news.
Pete Wentz said the following about working with Smith at DCD2 records: 
Seems like Pete Wentz is stoked to have found a partner to work with when it comes to developing and finding new acts for the label where Panic! At The Disco started out at way back when. Spencer Smith also shared the great news on the DCD2 label Twitter:
To top it all off, they've announced their first signing as a team.
They signed the band L.I.F.T., so keep an eye out for them in the future!
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