Trinidadian rapper Nicki Minaj, revealed on Queen Radio that she now owns a record label that will be launched soon.
“There’s a big announcement coming…Well, I have a record label now, I believe so strongly in loyalty, and because I’ve spent my whole life giving to others that turn around and sh*t on me,” she said.
The 40-year-old rapper did not reveal what the record label’s name is but she did reveal that she has signed four people including; London Hill, Rico Danna, Tate Kobang and Nana Fofie. According to Minaj, the artistes are very diverse and so the label is not just going to be black or rap.
Wendy Goldstein, who is Republic Records’ co-president, motivated Minaj to reveal the big news during the Queen Radio show. Minaj revealed that this is something she has wanted to do, but only at the right time.
“I said, ‘Wendy, we got to do this big. I’m a female; you a female, mamma. You got to do this right. We gotta do it right. I don’t want no little itty-bitty ting ting. I want to do it right,’” she said.
The inspiration for her to start her own label came from Lil Wayne, who elevated her and Drake’s careers when nobody else believed in them. The ‘Chun-Li’ rapper added that she understands the importance of having people believe in artistes.
“There’s no real person that believes in them. That’s like, ‘nah, I’m gonna make it my business to see you shine.’ That’s why I never wanted to do a label before because I said to myself …unless I’m ready to really put these artists on I’m not gonna ruin anyone’s life.”