With her latest album Teenage Dream sending every single it's released to the top 10 of the Billboard charts, it's not surprising that Katy Perry is looking for the next big thing to do. And, it seems like she's decided—the singer announced she's in the process of starting her own record label.
Perry told The Hollywood Reporter, "I'm preparing for it now, and when this record label does come to fruition, I'm going to try and avoid the things that take away any fighting chance for an artist to have financial success."
Sounds like a bit of a jab at her current record label, EMI's Capitol Records, with whom she's worked since 2007, but we all know she's not had trouble gaining financial success.
The label has yet to be named, but once it is developed, Perry will join the ranks of stars like Madonna, Frank Sinatra, and Prince, who all started their own labels (Maverick Records, Reprise, and Paisley Park Records, respectively).
It'll be interesting to see who Perry brings onboard for the label; while we can easily guess that she'll bring on pop stars/protégés (and after her video for "Last Friday Night (TGIF)" we might even guess Rebecca Black), she's also worked with Kanye West and famously dated Travis McCoy of Gym Class Heroes, so she may decide to bring on some rap and hip-hop artists. Or hey, maybe this is the reason The Offspring's newest song and video sound and look like a Katy-Perry-produced trainwreck? We love Katy Perry, but that style certainly doesn't suit Dexter & Co.
Creating a record label isn't all Perry has been up to, either—this summer, she'll be hitting the silver screen. Her film, Katy Perry: Part of Me 3D, hits theaters in July. Perry apparently helped finance the film using $2 million of her own money. Let's just say if it's anything like Justin Bieber's Never Say Never 3D flick, we're in for a treat.