Justin Timberlake is launching his own record label. The 'SexyBack' singer has announced he is setting up Tennman Records, and will serve as chairman and CEO of the company. The label will be formed as a joint venture with Interscope Records. Justin said: "We are all excited about the talent we have to offer already on our roster, and I cannot wait to introduce the world to my new discoveries." There is no suggestion that Justin - who is currently signed to Jive records - will release new material on the label, but says he has hand-picked the first batch of artists.
It is believed the name Tennman Records is a reference to the star's home state of Tennessee. Interscope boss Jimmy Levine said: "Whenever you have the opportunity to get into business with someone as gifted as Justin Timberlake, you take it. We are thrilled to have his label as part of Interscope."
Justin has enlisted the services of Ken Komisar, the former A+R Vice President of Sony BMG Music Entertainment, as president. Komisar said: "We are already underway with several artists in development, and look forward to sharing their work with music fans everywhere."