Katy Perry has already dominated the music world, breaking records and selling out tours around the globe. Now she’s ready to pass the torch (well more like share it) and breed some new talent. Details below!

Marisa Mendez

In The Hollywood Reporter’s cover story, the pop princess reveals that 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?’ “