Chart-topping producers The Neptunes have defected from ARISTA, moving their STAR TRAK label to INTERSCOPE.

The GRAMMY-winning duo are expected to ink a deal worth an estimated $5 million (GBP2.7 million) with the company.

Under their new deal, Pharrell Williams and CHAD HUGO will continue to sign and produce Star Trak artists, as well as acts on Interscope and artists affiliated with the label.

Interscope will handle the sales, marketing, promotion and distribution for the label.

Interscope is home to Dr Dre's AFTERMATH ENTERTAINMENT, Eminem's SHADY RECORDS and 50 CENT's G-UNIT IMPRINT.

Star Trak's contract with Arista expired this year (04), during the same time the company's boss, ANTONIO 'LA' REID left and headed for ISLAND/Def Jam.

25/03/2004 09:25