Music industry insiders have released more details on Jay-Z and Beyonce’s recently rumored “Super Label” creation. With Jay-Z’s contract as the head of Def Jam Music drawing to a close and Beyonce owning Sony just two more albums (A Greatest Hits LP and Christmas Album, both to be released later this year), the couple have reportedly partnered with Apple/iTunes and Music World Entertainment to help them launch their record industry mega-label.

Under the deal, Hov will be able to take along every act he has signed and/or re-signed to Def Jam since he took over as president; ie, Rihanna, Ne-Yo, Nas, Rick Ross, Kanye West, and Lady Sovereign.