The former One Direction member continued, "So I've decided to put it out there in the world today. I'm going to start my own music management company to help develop new artists. Watch this space."
Tomlinson pointed out that the management company announcement is "the first step of actualising the idea but at this stage that's all this is. An idea!" He also clarified in another tweet that his plans do not included forming a record label.
In July 2020, Tomlinson announced that he had parted ways with Simon Cowell's Syco. The artist had signed a solo recording contract with the label in 2017.
"Hope everyone is doing ok! Just wanted to let you know that Syco Music and I have agreed to part ways," Tomlinson tweeted at the time. I'm really excited for the future and to be back in the studio writing the next album. Can't wait to finally see you all on tour!!"
One Direction's five studio albums were released through Syco/Columbia Records.
In early 2019, Tomlinson joined Arista Records within the Sony Music family, where he signed to Epic under Syco in 2017. As part of the deal, the singer's solo music was distributed through Syco/Arista in the United States.
Tomlinson has released four solo singles since One Direction announced its hiatus in 2015. His latest album, Walls, was released in 2020 and debuted at No. 1 on the Billboard 200, giving the relaunched Arista Records its first top 10 on the chart in years.
View Tomlinson's tweets about launching his own management company below.