Robbie Williams has signed a £80m four-record contract with EMI Records.
The deal is believed to be the biggest in British music history.
The former Take That singer has sold 22 million albums since becoming a solo artist, including 5.4 million copies of his last album 'Swing When You're Winning'.
At a press conference outside his management's offices in London Williams told reporters: "I am rich beyond my wildest dreams".
The deal is structured to meet sales targets and also pledges to make him a star in America, an area where Williams has only had limited success.