Drake is primarily signed to two record labels: OVO Sound and Republic Records. OVO Sound is his own record label that he founded in 2012 alongside producer Noah "40" Shebib and business partner Oliver El-Khatib, while Republic Records handles the distribution of his music.

The relationship between these labels is important to understand. OVO Sound operates as an imprint under Republic Records, which is owned by Universal Music Group. This arrangement gives Drake creative control through his own label while benefiting from the distribution power of a major record company.

When Drake first entered the music industry, he was signed to Young Money Entertainment and Cash Money Records, both founded by Lil Wayne and Birdman respectively. These early deals helped launch his career with successful releases like "Thank Me Later" and "Take Care."

In 2019, Drake signed a new deal reportedly worth multiple hundreds of millions of dollars with Universal Music Group, which reinforced his partnership with Republic Records while maintaining his position as head of OVO Sound.

Through OVO Sound, Drake has also signed several other artists including:

PartyNextDoor
Majid Jordan
Roy Woods
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PLAZA

It's worth noting that while Drake releases music through OVO Sound/Republic Records, he maintains various business ventures through the broader OVO (October's Very Own) brand, including clothing, merchandise, and other entertainment projects.

This record label arrangement has proven extremely successful for Drake, allowing him to maintain artistic independence while having access to major label resources for distribution and promotion. Through this setup, he has become one of the best-selling music artists of all time.

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