Jay-Z's Roc Nation record label has inked a publishing deal with Warner Music Group's Warner/Chappell Music.
According to Forbes.com, the deal means that Warner/Chappell will immediately have the rights to publish Jay-Z's music dating back to 2008. By the end of 2013, Warner/Chappell will be in charge of nearly all of Jay's music.
In a statement, Jay says one of the reasons he chose to sign the deal was his relationship with Warner/Chappell's music publishing executive Jon Platt. Jay calls Jon "a man of extraordinary character" and "a talented executive with an ear for music."
Meanwhile, Warner/Chappell may be looking to keep things in the family. The word on the street is that Platt is also trying to negotiate a deal with Jay-Z's wife Beyonce.
Photo Credit Getty Images