The rapper, fashion designer and producer told the New York Post that as of Tuesday, he simply wants to be known as Diddy.
"One word. Five letters. Period," he said. "I needed to simplify things."
Diddy said he made the decision because people were confused by all his name changes and didn't know what to call him.
"I even started to get confused myself and when I'd called someone on the telephone it took me a long time to explain who I was," he said. "Too long."
He said he was also concerned about the way P. Diddy sounded at concerts.
"I went to a concert in Madison Square Garden last year and the crowd started to chant my name," he said. "Let's just say the name P. Diddy didn't quite flow. I realized immediately I had a problem."