Katy Perry has unveiled plans to start her own record label to help young and emerging artists find success.
The 'Part Of Me' singer has revealed that she wants to help new artists launch their careers and give them the finical help to kick start their careers.
In an interview with The Hollywood Reporter, Perry 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."
She added: "As people are coming to me with opportunities, I'm thinking, 'How would I want to be treated?'"
Meanwhile, Katy Perry's new music video for latest single 'Wide Awake' has leaked online... and it's a cracker!
The singer will release 'Wide Awake' as the seventh cut from album 'Teenage Dream' on July 2. The video sees a little girl flicking through a fairytale book looking back at the singles and videos from 'Teenage Dream'.
It opens with the star wrapping filming on her 'California Gurls' music video and concludes with her 'Part Of Me' documentary.
Katy Perry Red Hot In Hollywood