Katy Perry is a big power house when it comes to delivering hits in the pop world, so it's only natural that she would launch her own record label.
She tells 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,” she tells The Hollywood Reporter.
“As people are coming to me with opportunities, I’m thinking, ‘How would I want to be treated?’”
She will follow a long list of other big names in music that have launched their own record label including Madonna and Prince.