After announcing a possible release in 2010, a follow-up compilation to The Lost Tapes (2002) was delayed indefinitely due to issues between him and Def Jam. His eleventh studio album, Life Is Good (2012) was produced primarily by Salaam Remi and No I.D, and released on July 13, 2012. Nas called the album a "magic moment" in his rap career.
In 2011, Nas announced that he would release collaboration albums with Mobb Deep, Common, and a third with DJ Premier. Common said of the project in a 2011 interview, "At some point, we will do that. We'd talked about it and we had a good idea to call it Nas.Com. That was actually going to be a mixtape at one point. But we decided that we should make it an album." Life is Good would be nominated for Best Rap Album at the 2013 Grammy Awards. Read more about Nas here.