Coming off of his highly successful sophomore album, Beerbongs & Bentleys, Post Malone has major plans to try his hand at other endeavors within the music industry like many that have paved the way before him. In a recent revealing interview with Billboard, Post's manager, Dre London, shared that the 22-year-old is looking to start up his own record label imprint.

London confirmed the news at the tail-end of their conversation to commence a bidding war for a potential distribution partner. "Post Malone is starting his own label, and he gets a lot of it now. He's seen the music business inside out and now he wants to start his label," he quips. "We're going to do it how we been doing it from the beginning, and obviously a distributor is going to come along. Let the bidding begin."

London later unveiled a wild story about how he needed to gather up $25,000 to cover Quavo's feature fee so he would appear in the "Congratulations" video shoot taking place just a couple hours later.  "I had half an hour to get 25 grand, or there was no 'Congratulations,'" he explains."I had a courier come with half and had to rush to the bank to get the other half. It was crazy."

Posty has stayed busy as of late and looked to have enjoyed himself during Sunday's (May 20) 2018 Billboard Music Awards. The 21 Savage-assisted "Rockstar" took home hardware for Top Rap Song and the Texas transplant even got some props backstage from Taylor Swift for his "Better Now" track.

See New Music Releases for May 2018

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