Rumor’s were spreading that Drake, who is currently signed to Universal through Young Money/Cash Money, inked a label deal for his October’s Very Own imprint with Warner Bros. The rumors are now confirmed and it is official that Drake has signed a label deal with Warner Bros Records.

As reported by Billbord, a source has confirmed that Drake’s label, October’s Very Own, has inked a deal with Warner Bros Records.

As of press time, no more details were made available other than the deal is imminent, and an official announcement is expected sometime during the day on Wednesday, 12-5-12.

Stay tuned to Def Sounds for more information surrounding Drake taking his OVO imprint over to Warner Bros.