Music publisher Bug Music and Jamie Foxx, the Academy Award-winning actor and Grammy-nominated recording artist, have formed a new venture. It aims to capitalize on Foxx King Entertainment's unique and creative abilities in film, TV, music and new media by developing and nurturing songwriters while leveraging Bug's global music services infrastructure.

Bug will also administer the music publishing catalog of Foxx's publishing company, Sly As A Foxx Music, registered with BMI. The deal was engineered by John Rudolph, CEO of Bug, and LaRonda Sutton, senior VP of music development and production for Foxx King.

"Music has always been a key part of my life and my work," says Foxx. "But first, it is a true love of mine. I have always admired the songwriters and the musicians and now have the opportunity to collaborate as a publisher with songwriters, established and new, who share this love with me."

Foxx, currently starring in the hit film "Dreamgirls," also achieved crossover success as a recording artist and songwriter with last year's release of "Unpredictable." That album has sold more than 2 million copies in the U.S. and garnered three Grammy nominations for 2007.

"The vast talent of Jamie and his team to continually turn out the highest quality of entertainment, whether film, TV or music, has been proven time and time again," Rudolph says. "Now Foxx King is going to take that talent to songwriters. For Bug Music, it is an ideal use of our talents as well. As a global company, we look to work with the best innovators in their respective fields, and Jamie exemplifies the best across diverse media forms."

"I feel we have a like- minded partnership with global reach to support us as we add to our growing successes," Foxx adds.