From Music Information Center Norway:

Tor Erik Hermansen and Mikkel S. Eriksen aka Stargate, the highly successful NYC-based production team, are joined by hip-hop mogul/icon Jay-Z as the three create a shiny new label christened StarRoc.

Eriksen and Hermansen relocated their studio from Manhattan to Jay-Zs Roc The Mic studios, and now the two take it to the next level by forming a new company.

Over the last few years, Stargate have written and produced a number of Billboard hits for such high profil artists as Beyonce Knowles, Rhianna and Ne-Yo.

What exactly is Jay-Z trying to do. He still has stake in Rocafella, We’ve reported in the past that he’s hooked up with Live Nation to create Roc Nation and now this? It seems like Jay-Z is less concerned about creating a solid and profitable business and more concerned with spreading his “Roc” brand to as many places as he can.

So what do you guys think? Smart business move or does he need to just sit done and concentrate on making one thing work before he moves onto the next? I think the “Jiggafro” is messing up his thinking.

[MIC via RealTalkNY]