Former Roc-A-Fella Records CEO Damon Dash has formed a new music company, the Damon Dash Music Group, with Kareem "Biggs" Burke, who co-founded Roc-A-Fella with Dash and Jay-Z.

Former Roc-A-Fella Records CEO Damon Dash has formed a new music company, the Damon Dash Music Group, with Kareem "Biggs" Burke, who co-founded Roc-A-Fella with Dash and Jay-Z.

The Damon Dash Music Group will sign artists and act as an umbrella organization for various record labels, including Dream Factory (a partnership with producer 7 Aurelius) and a reggaeton label called Militain Musica, to be launched with hip-hop artist N.O.R.E. (aka Noreaga).

There will also be partnerships with the Wu-Tang Clan and M.O.P./the First Family on still-unnamed separate record labels. The Wu-Tang Clan imprint will release the posthumous album Ol' Dirty Bastard had been working on for Roc-A-Fella at a date to be determined.

Dash said he formed his new company to "empower people and music that I believe in...and that will be positive for our culture and community. I want to give them a chance to have vision."

As previously reported, Island Def Jam last month acquired the remaining 50% of Roc-A-Fella which it did not already own, and named Jay-Z president/CEO of Def Jam Records. Dash said he will continue to be involved with Roc-A-Fella and Def Jam as a consultant.