Kanye West has signed legendary rapper Q-Tip to his record label.

Barry Weiss, chairman and CEO of Universal Republic and Island Def Jam, the parent company for Kanye's G.O.O.D label revealed yesterday (11.04.12) that they had signed Q-Tip's fourth solo album, 'The Last Zulu' and will release it next year.

Q-Tip said in a statement: ''I'm excited to be a part of the great iconic Def Jam label. I'm humbled to be part of such a storied history.

''As far as G.O.O.D. Music, I'm excited to solidify my working relationship with Kanye, and I look forward to all the opportunities that lie ahead in our partnership. I will do my best to present the most cutting edge music I can.''

Q-Tip has previously produced tracks on Kanye's 2010 album, 'My Beautiful Dark Twisted Fantasy' and his recent joint album with Jay-Z, 'Watch The Throne'.

Fans shared their excitement on twitter, with one user writing: ''Kanye West signs Q-Tip to G.O.O.D. Music. At this rate he should call his label GREAT Music... (RT IF YOU FEEL ME!) (sic).''

Other artists on his new label include Big Sean, Pusha T, Kid Cudi, and John Legend.