Katy Perry's got her own record label and she's recorded a duet with the first signing

Katy Perry's only gone and launched her own record label, Metamorphosis Music.

If you don't believe us, here's the announce­ment via the medium of Twitter:

"I am so ECSTATIC to finally announce my NEW label Metamorphosis Music & my first signing, the incred­ibly talented & soulful FERRAS!"

The new label is via Capitol and that first signing she's chatting about, Ferras, has an EP online already featuring a duet with — YOU GUESSED IT — Katy Perry.

Here it is in fact: