Her first artist is no other than Greyson Chance. If you have no idea of who we're talking about, that's ok because he's just got into the spotlight after he became famous on the Internet because of his Lady GaGa interpretation of "Paparazzi".
Ellen said that the kid inspired her and that she's going to be making a record with him.
Ellen's record label is going to be called eleveneleven. Our guess is Ellen wants to put some competition out there for Justin Bieber, right?
Check out Ellen DeGeneres making the official announcement by clicking here.