Justin Timberlake Launches Own Record Label

Is there nothing the "SexyBack" singer can't do? Clothing designer, singer, dancer, boyfriend to the stars. Justin Timberlake has recently announced that he plans to launch his own record label, Tennman Records, where he will sit as chairman and CEO. The new label will be a joint venture with Interscope Records.

For now, Justin's records won't be released under Tennman, but he will be hand-picking the artists who will be part of the new label.

"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," said Justin in a recent statement.

"Whenever you have the opportunity to get into business with someone as gifted as Justin Timberlake, you take it," Interscope boss Jimmy Iovine said. "We are thrilled to have his label as part of Interscope."

Ken Komisar, the former A&R VP of Sony BMG Music Entertainment, has signed on as the president of Tennman Records.

"I am thrilled with the potential of this opportunity that combines the amazing creative talents of Justin Timberlake, along with the vision and passion of Jimmy Iovine and Interscope Records," Komisar said. "We are already underway with several artists in development, and look forward to sharing their work with music fans everywhere."

Photo from E! Online.