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Chris Lighty and Violator Management have announced a new deal with Sean “Diddy” Combs to handle the mogul’s music career.

Under terms of the new deal, Violator will help develop plans to “expand Diddy’s reach and influence exponentially in music.”

The company has already started strategic work on Diddy’s #1 album Press Play, which hit stores Oct. 17 on Diddy’s Bad Boy Entertainment record label.

Sources told AllHipHop.com that Combs and Violator were still finalizing last minute details involving the agreement.

Violator Management is a multi-media management, marketing and brand development company.

Clients include Three 6 Mafia, Missy Elliott, 50 Cent and G-Unit, Busta Rhymes, LL Cool J and others.

The announcement comes on the heels of Lighty patching up a rift between superstar client 50 Cent and Combs.

Shortly before the release of Combs’ Press Play, 50 Cent released a series of disses aimed at the Bad Boy mogul.

The root of the anger appeared to be Combs’ reluctance to release G-Unit bound rapper Mase from his contract with Bad Boy.

Both Combs and 50 Cent resolved the dispute, although terms of their agreement are not known at press time.

Lighty and Violator had no comment as of press time.