The platinum selling singer made the announcement to the Associated Press telling the news outlet,
“I am so excited to take this next step in my career.”
Rihanna, whose album LOUD drops November 16, will also form Rihanna Entertainment, a company to “merge all of her businesses, including music, film, fragrance, fashion and book ventures.”
Jay is credited with mentoring the Bajan songstress and signing her to Def Jam.
Her new management deal means she’s officially parted ways with her previous manager Marc Jordan.
Jay-Z previously signed Willow Smith to his record label.