Singer Katy Perry is launching her own record label, it has emerged.

SURREAL celebrity encounters are a professional hazard in the pop industry but, even by the usual standards, Elisabeth “Lissie” Maurus has some bizarre stories to share.

Madonna has sold her Maverick Records label, 12 years after she founded it.

A feud between pop star Madonna and Warner Music Group has been settled after the recording giant agreed to buy her stake in the record label she co-founded.

Madonna's Maverick Records label has sued Warner Music and Time Warner for breach of contract, accusing the record company and its former parent of mismanagement and improper accounting that cost the singer and her partners millions of dollars.