Meek Mill has partnered up with Jay-Z's Roc Nation to launch a new joint Dream Chasers label.
The 32-year-old rapper joined forces with Jay-Z, 49, to create a new joint business venture, Dream Chasers - which has been created to find and develop new talent - under Jay-Z's entertainment company, Roc Nation.
According to Variety, Meek - whose real name is Robert Williams - will serve as president of Dream Chasers and Meek is also planning to open a recording studio for the label's future artists.
In a statement about the new partnership, Jay-Z said: "Everything Meek has done leading up to this point shows he is ready to lead the next generation. We look at the big picture - this is way beyond signing artists and having hot records.
"I know he can make music - you've heard it. I think he cannot only make music, but make stars. Not only make stars but make films."