DJ Khaled Announces He’s Signed With Jay Z’s Roc Nation, Gets Last OG Roc-A-Fella Necklace

Allow me to reintroduce myself!!!! Meet my manager. His name is Jay Z. Jigga. Hov!!! Special cloth alert! The blessings coming in have been overwhelming. So much blessings I needed the right team to help me embrace it right. And when I say embrace I mean brand partnership. When two special cloth brands come together history gets made. I’d like to thank fan luv for walking with me thru the journey of more success. They don’t want us to win!!!! So what we gonna do is win more. When I say we, I’m talking fan luv! I’m talking my brother Lenny S! Always seen my vision !!I’m talking Chaka!! I’m talking JIGGA NATION!!!!! I’m up to something. I will never stop!!! I will not lose JIGGA VOICE!!! Ride with me thru the journey of more success. God is the greatest! Bless up. #WeTheBest 🔑#JAYZ 🔑#Rocnation @wethebestmusic JUS KNOW IM WORKING ON NEW MUSIC !! 🔑🔑🔑

A video posted by DJ KHALED (@djkhaled) on Feb 29, 2016 at 9:45am PST

DJ Khaled’s stock just went up!

The DJ just inked a deal with Jay Z’s music management company, Roc Nation, and Jay himself has signed to be Khaled’s manager. Khaled announced the news today in a video he posted on Instagram. The heavily produced video shows Khaled wearing a Roc-a-Fella chain, which was given to him by Jay who claims it’s the last original one.

I“I don’t have an original one,” Jay told Khaled. “I don’t own an original one, like at all, zero. This is my last one. This is my last. This is the one I put in the corner. This is mine. I don’t own another one. I don’t. I don’t own another one. This is my joint.”

Very few people can claim to be owners of Roc-a-Fella necklaces — Cam’ron, Freeway, ODB, Beanie Sigel, Memphis Bleek, Beyonce, J. Cole, Kanye West, LeBron James, Curren$y and now Khaled all own them. That’s some serious bling with some serious names!

Interestingly, Khaled recently debuted a radio show called Beats on Apple Music, which is a competitor of Jay Z’s Tidal.

We wonder how Jay and Tidal will handle that — as well as how the controversial music streaming service is handling the $5 million class-action lawsuit filed by Yesh Music Publishing and John Emanuele (of the duo American Dollar). The lawsuit is claiming that the “artist friendly” music streaming persona is nothing more than a sham and they are owed some serious money.

The plaintiff is seeking $5 million in unpaid royalties and copyright infringement damages, alleging that Tidal licensed at least 118 of American Dollar’s songs without the duo’s permission, and has never paid them royalties.

Tidal tells Vulture that Yesh Music and Emanuele are wrong about the royalties and removed American Dollar’s music from its service.

Tidal released this statement, “Tidal is up to date on all royalties for the rights to the music stated in Yesh Music, LLC and John Emanuele’s claim and they are misinformed as to who, if anyone, owes royalty payments to them. As Yesh Music, LLC admits in their claim, TIDAL has the rights to the Master Recordings through its distributor Tunecore and have paid Tunecore in full for such exploitations. Their dispute appears to be over the mechanical licenses, which we are also up to date on payments via Harry Fox Agency our administrator of mechanical royalties.”

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