Jay Sean announced exclusively backstage last night that he’s joining Lil Wayne at the world famous Cash Money Records.

Jay revealed the news to us last night backstage at the MOBO awards after his performances. It was pretty exciting, and backstage was buzzing as we were all the first to know!

The Ride It star can start expecting ‘A Milli’ a la Lil Wayne at Cash Money Records, which is part of Universal.

Jay also shared his thoughts on black music and the credit crunch. Sorry, make that, recession.