Under the new signing, Rimas plans to "revive his classic reggaeton sound" and "propel his music into the future," according to a statement.
The project offers advanced resources to Christian artists to boost their careers.
The new deal will provide next-generation transparency to clients.
How the little-known founder of Rimas went from a Venezuelan military academy to the top of the U.S. music business – and could exit with as much as $200 million.
The deal, which could give equity to the artist, involves the 60% stake controlled by the company’s Venezuelan founder, Rafael Ricardo Jiménez Dan.
Nigerian artist and label founder Mr Eazi claims Bad Bunny's song "Enséñame a Bailar" infringes on Joeboy's copyright.
The rapper is set to drop a new album in May.