Looks like Katy Perry is finally back on track in the music business. Following the breakup of her 2-year marriage to Russel Brand, the singer is reportedly looking to follow in the footsteps of such recording artists as Madonna and Prince by launching her own record label.
In a recent interview with The Hollywood Reporter, the pop singer said she's in the process of starting her own as-yet-unnamed imprint:
"I'm preparing for it now," she reveals. "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. As people are coming to me with opportunities, I'm thinking, 'How would I want to be treated?' "
Perry, who has been with EMI's Capitol Records since 2007, has had 11 top 10 singles on the Billboard Hot 100 and has sold 9.1 million albums so far. So there's a pretty good chance this venture will really take off for her.