The guitarist recently parted ways with his longtime bandmates Mark Hoppus and Travis Barker and he is now moving forward with a new album titled To The Stars... Demos, Odds and Ends and the To The Stars label.

He is also planning to open a flagship store in California.

A statement on the label's website reads: "I proudly want to welcome you to my new adventure To The Stars...! Here at our new headquarters in Encinitas, CA (California), we aim to create a great experience that pulls you into new worlds that live across music, books and film.

"We have some major things happening as we speak, with multiple exciting stories and characters in development. Locally and across the globe, we have concept artists, writers, illustrators and animators working hard to bring these epic adventures to life. My goal is to create massive audio-visual landscapes that are driven by the concepts and ideas I'm most passionate about for you to enjoy..."