Katy Perry starting her own record label

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Image Credit: Will Cotton

The California Gurl is growing up.

In a recent interview with The Hollywood Reporter, 27-year-old Katy Perry revealed her plans to start her own record label. Her new enterprise doesnt have a name yet, but Im preparing for it now, she assuredTHR.

And when this record label does come to fruition, Im going to try and avoid the things that take away any fighting chance for an artist to have financial success, Perry said. As people are coming to me with opportunities, Im thinking, How would I want to be treated?

Its unclear where her imprint will live, but itll likely be at EMI, where Perry is currently signed (with Capitol Records). As one EMI executive told THR, Katy is one of our crown jewels.

The Wide Awake singer also highlighted other ways shes taken charge of her career. For instance, she spent $2 million of her own money to make the upcoming3-D concert docKaty Perry: Part of Me (out July 5) happen. My frugal business manager, God bless him, was sweating, Perry said. And I was like, Please trust me. Thats kind of been the mantra Ive said to everyone my whole life: Trust me, I have a vision.

You can check out the rest of the lengthy interview over at THR.

Read more:Katy Perry smacks Prince Charming (a.k.a. Russell Brand) in Wide Awake video WATCHRussell Brand talks K! aty Perr y split on EllenKaty Perry: Part of Me trailer: Baby, shes a fireworkin 3-D! VIDEO