Katy Perry preparing to launch own record label
Los Angeles: Pop star Katy Perry is all set to launch her own record label as she says it is the one thing she hasn`t done in her music career.
The 27-year-old `I Kissed A Girl` hitmaker said that she wants to avoid the things that take away any chance for an artist to have financial success, The Hollywood Reporter said.
"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," Perry said.
Should the project go as planned, the `Firework` singer will follow the footsteps of other pop sensations such as Madonna, who created Maverick Records in the `90s, Prince, who started Paisley Park Records in 1985, as well as Frank Sinatra who founded Reprise Records in the `60s.