From
allhiphop.com:
Nas Officially Signs With Def Jam
By Nolan Strong
Date: 1/23/2006 8:30 pm
In Oct. Of 2005, Jay-Z and Nas ended their long running feud and now, Nas has officially signed with Def Jam as a recording artist.
Under the terms of the deal, Def Jam and Sony Music will split the profits from two albums, while Def Jam will keep an additional two.
Additionally, Sony has the rights to release a Greatest Hits album from Nas.
Def Jam will cover the marketing and production costs of the recording, while both companies will oversee the marketing of the releases.
Nas' newest album is also expected to contain a collaboration between Jay-Z and Nas.
Nas has sold more than 11 million albums since the debut of his 1994 album Illmatic.