Katy Perry Plans Own Label

It’s a teenage dream of a different sort. Katy Perry said that she’s planning on launching her own record label, and it will be founded on the Golden Rule. “I’m preparing for it now,” the sugar-and-spice pop star said. “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’s been busy since her split with Russell Brand—her 3D film Katy Perry: Part of Me is due out in July.