Reggaeton duo sign multi-album deal.

Reggaetón duo Wisin & Yandel, best known for their single, "Rácata," and their R. Kelly collaboration, "Burn It Up," have signed a multi-album recording deal with Machete Music, Universal Music's new urban label.

Wisin & Yandel, who were formerly signed to Puerto Rican indie label Fresh Music, will release their new album, "Pa'l Mundo," on Nov. 1.