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Jay-Z has confirmed that he has started a new record label with acclaimed production duo StarGate.

As we reported a few weeks ago, the partnership will see the Norwegian pair - who are responsible for making hits for Beyonce, Ne-Yo and Rihanna - teaming up with the rapper to form the StarRoc label.

Now in a statement, Jay-Z and StarGate say: “The focus is to find new talent and develop artists through mutually beneficial global partnerships which include music distribution, publishing, touring and merchandising.”