Mariah Carey Plotting Her Own Label

Jeannette Walls of MSNBC reports an insider close to Mariah Carey is revealing the singer plans on starting her own record label to release her next album. The source told her, “She’s talking with a number of major record companies, but even if she signs up with one of them, she wants to do it only on her own label, sort of like Madonna did with her Maverick label at Warner.”