R&B singer Jason Derulo is launching his own record label.

The Talk Dirty hitmaker has teamed up with his manager Frank Harris to run an imprint of Rca Records called Future History, the title of his second album.

DeRulo writes in a caption on Instagram.com, "I'm proud 2 (to) announce our joint venture label deal with Sony Rca records is now finalised! Future History Records is the name & we look forward to the brightest days ahead! Me & (my manager)... have been rockin' together since I was 13 years old, and tho (sic) we've been blessed to achieve so much thus far this is another milestone moment. So much 2 be thankful for this holiday season (sic)!"

The deal is more good news for DeRulo - he bought a $3 million (£1.9 million) mansion in the San Fernando Valley in California earlier this week (beg23Nov14). The mock castle boasts turrets and a dungeon plus a pool, tennis court and basketball court.