Cheryl Fernandez-Versini is reportedly planning to launch her own record label.
A music industry source is quoted by the Daily Mirror as saying of the X Factor judge, "It's a natural next step for Cheryl having coached contestants for years on The X Factor.
"She knows what it takes to succeed in the industry from her experience as a performer – both as a solo artist and as a group, from her years in Girls Aloud. Cheryl definitely knows her stuff.
"The artists she'll be interested in won't just be pop acts – it will cross over all genres. She loves music and is really excited about being able to springboard new talent."
