Jay-Z and Tinchy Stryder have launched a new company aimed at helping rising music stars.

Takeover Roc Nation is an amalgamation of Jay-Z’s Roc Nation and Stryder’s Takeover management firm.

As well as promote new talent, the company well control both stars’ products and tours.

Stryder said the deal had been “nearly a year” in the making, and that he was “excited” to start signing new acts.

"Jay-Z is my music and business inspiration and to go into business with him is a dream come true,” he wrote on his blog.

Jay-Z is set to headline the Isle of Wight festival this weekend.

(by Jason Gregory)