Kanye West, Jay-Z form The Throne, schedule tour

News that they were recording an album together was exciting enough — but wait, there’s more.

Kanye West and Jay-Z announced today their hotly anticipated new album together, “Watch the Throne” — finally scheduled for an Aug. 8 release — will be followed by a joint tour beginning in September. They’re scheduled to perform two nights, Oct. 6-7, at Chicago’s United Center.

Tickets go on sale Aug. 8 via Live Nation/Ticketmaster.

In addition, as a unit the pair now call themselves The Throne. Today’s press release says The Throne is a newly formed “group,” though there are no further details of other members.