NEW YORK (January 14, 2013)—Justin Timberlake’s new single, "Suit and Tie," which was released late Sunday night featuring rapper Jay-Z, is the 31-year-old's first musical offering since 2006's critically acclaimed "FutureSex/LoveSounds."

His third solo album, "The 20/20 Experience," will be out later this year.

In a letter posted on his website, Timberlake said he began recording music in June.

He wrote that the "inspiration for this really came out of the blue."

Timberlake co-wrote and co-produced "Suit and Tie" with Timbaland, who produced much of the Grammy-winning "FutureSex/LoveSounds."

The buzz around the pop star's return to music began Friday after he posted a video on his website that showed him walking into a studio, putting on headphones and saying: "I'm ready."