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Amy Winehouse To Set Up Own Label

image Amy Winehouse

Amy Winehouse is rumoured to be planning to set up her own record label after her current deal with Universal's Island Records ends.

The singer reportedly owes the major one more album. The Sun claims that Amy plans to set up her own label with alleged new boyfriend Alex Haines (who she says isn't her new boyfriend - despite other rumours that she's asked for divorce from hubby Blake Fielder Civil and that he is demanding a £3 million divorce settlement).

An unnamed source said: "For the first time in her career, Amy is beginning to have her head turned by the cash she can make. It's never been a huge deal in the past, but she is beginning to realise everyone else is making all the money out of her success. Her deal with Island ends after the next record. That's why they are trying to get her to clean up first and make sure it's a classic. She's been planning it with Alex, who has a bit of music know-how from working as her manager's assistant". Sounds like the perfect business plan to me.

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