Tim McGraw and Faith Hill have signed new deals, according to a new report. Billboard has broken the news that the superstar couple have signed with Sony Music Entertainment.

According to Billboard, McGraw and Hill signed with Sony individually, and their new deals call for multiple solo albums from each of them. More details of the deals are expected in the spring of 2017. It's unclear if the projects on the table might include a joint album between the two superstars, who will spend a large part of 2017 on the road together for their 2017 Soul2Soul Tour.

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MusicRow has confirmed the deals, which were put together by Sony Music Entertainment CEO Doug Morris, Columbia Records Chairman and CEO Rob Stringer and Sony Music Nashville Chairman and CEO Randy Goodman, along with Hill’s manager, Jason Owen from Sandbox Entertainment, McGraw’s manager Scott Siman and attorney Joel Katz, who negotiated the deal on McGraw and Hill's part. A representative for Hill and a record label source at Sony also confirmed the news via email to Taste of Country's partner site, the Boot, on Monday afternoon (Feb. 13).

McGraw was most recently signed to Big Machine, where he released his current album, Damn Country Music, in 2015. One of the singles from that album, "Humble and Kind," took home Best Country Song honors for songwriter Lori McKenna at the 2017 Grammy Awards on Sunday night (Feb. 12).

Hill was previously signed to Warner Bros., where she released her most recent full studio album of new material, Fireflies, in 2005. In November of 2016 she released Deep Tracks, a compilation of album cuts from previous albums that fulfilled her contractual obligations to the label.

McGraw and Hill have a new duet titled "Keep Your Eyes on Me" on the soundtrack to McGraw's upcoming film, The Shack, which is set for theatrical release in March. The soundtrack is due on Feb. 24 from Atlantic.

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