Ellen Creates New Record Label, Signs Greyson Chance
Posted on Wed May 26, 2010 08:10 AM PDT

ellen200.jpgLOS ANGELES, California (X17online) - Ellen DeGeneres is now entering the recording business with the creation of her Eleveneleven record label.

The talk show host was so impressed by 12-year-old Greyson Chance's rendition of Lady Gaga's Paparazzi, she signed the YouTube sensation as her first artist.

The young singer will be managed by Troy Carter, who currently manages Lady Gaga. Guy Oseary, Madonna's manager, will also help out with Chance's career.

So far, Greyson's YouTube performance has been seen by over 30 million people.