David Guetta Launches Record Label

Grammy Award-winning DJ and music producer David Guetta will add music mogul to his resume after launching his own record label.

The star DJ, has collaborated with Rihanna, the Black Eyed Peas and Kelly Rowland to create his own imprint specializing in electronic music.

Guetta announced his big news at Brazil's Ultra Music Festival over the weekend.

"I'm going to start a new electronic label," he said.

Guetta has signed Dutch DJ Nicky Romero to his roster and will release their collaboration "Metropolis" as his label's first single.