Justin Timberlake is "ready" - to release new music

Justin Timberlake released this video today to explain his absence from the recording studio and also to announce that he is set to record a new Timbaland-produced album, and that the first single, featuring Jay-Z and Beyoncé, will be released on Monday.

Excited?

Wondering if this might push the "other" Justin (Beiber) to the sidelines a bit?

We shall see.