The "Wide Awake" singer opened up to The Hollywood Reporter:
"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 added. "As people are coming to me with opportunities, I'm thinking, 'How would I want to be treated?'"
Perry is following in the footsteps of many entrepreneural artists like Madonna, Prince and most recently Justin Bieber with Carly Rae Jepson's smash hit "Call Me Maybe."
The record label doesn't not yet have a name.

KATY PERRY REVEALS ALL ABOUT "WIDE AWAKE" ON MTV FIRST
KATY PERRY ARGUES WITH PARENTS ON MTV AT THE MOVIES SPECIAL CLIP FOR PART OF ME 3D
Copyright : Jeff Lapointe
