//Jay-Z Starts New Record Label With Production Duo Stargate//

Jay-Z helped to put big artists like Ne-Yo and Rihanna on the map. Production duo Stargate helped to produce some of their biggest hits like Ne-Yo’s “So Sick” and Rihanna’s “Take A Bow” not to mention a little song by Jay’s wife Beyoncé called “Irreplaceable.” Now the two are joining forces with the creation of a new record label called StarRoc reports the NY Times.

The new venture, called StarRoc, will be based at Jay-Z’s Roc the Mic recording studio in Manhattan and will develop new talent through “360 deals,” umbrella contracts covering various aspects of an artist’s output, according to representatives of both parties. StarRoc, which is also to include a music publishing entity, is a 50-50 partnership between the two members of Stargate — Tor Erik Hermansen and Mikkel S. Eriksen — and Roc Nation, Jay-Z’s entertainment start-up. Rock Nation is financed by the music giant Live Nation through a multiple-rights contract the company signed with Jay-Z this spring for a reported $150 million.

Savory! Very savory!