She has great taste so there's no doubt this will be a success!

Katy Perry has announced she's starting her own record label called Metamorphosis Music, which will be a joint venture with Capitol Records.

"I am so ECSTATIC to finally announce my NEW label Metamorphosis Music & my first signing, the incredibly talented & soulful FERRAS!" she wrote on Instagram Tuesday.

The male pop singer released his EP the same day as the "Roar" chanteuse broke the news of her new business decision.

This guy is one lucky duck to have Queen KP in his corner!

There she goes again!

50 Shades of Grey star Dakota Johnson channeled Lou Reed when she landed at LAX on Wednesday night wearing a Velvet Underground shirt, black jeans and Converse.

What a rock 'n' roll Hollywood offspring!

Earlier today, Focus Films released the first photo from 50 Shades of Grey, featuring costar Jamie Dornan, giving a smoldering look while behind the wheel. The film, based on EL James' wildly popular erotic novel, follows Christian Grey, a handsome and wealthy businessman, who delves into a passionate world of pleasure and pain with college student Anastasia Steele, played by Johnson. While the new pic of Jamie is all fine and good -- we want to see a pic of Christian and Anastasia together, preferably with a ball gag or whip.

The relatively unknown actress previously starred in the FOX sitcom, Ben and Kate, before landing the highly coveted role in the film version of EL James' erotic best seller. Dakota is the daughter of Miami Vice actor Don Johnson and Working Girl actress Melanie Griffith, who just filed for divorce from actor Antonio Banderas after 18 years of marriage.

On Tuesday night Selena Gomez threw a party at her new Hidden Hills home, and apparently it got so out of control that her neighbors called the police to complain around 11:30pm! Cops showed up to Selena's residence and warned her to turn down the music, and a source tells TMZ that the noise was so loud "her windows were rattling." Blame it on the Biebs?

Seems like her family feels that way! On Monday night Selena partied it up at Hooray Henry's in Hollywood with on-again flame Justin Bieber, and she told her family that she's back with Justin "because he's cleaned up his act," but clearly they don't approve. Still, it doesn't seem like anything can keep Selena away from her bad boy boo ... she's got the Bieber fever like no other!

Last week Bieber posted a photo on Instagram of the lovebirds snuggled up next to one another, but shortly after uploading the sweet snapshot (with the caption, "Our love is unconditional"), he deleted it. Before hitting the club on Monday night, Jelena hung out in Malibu, riding on Bieber's Can-Am Spyder three-wheelers, so they've definitely been joined at the hip as of late!

Selena posted the photo below and wrote, "Tacos, live music and candles :) such a beautiful night with beautiful people." Hmm, this doesn't look that wild ... but maybe it was before Bieber and his posse showed up?

Focus Features

Get your whips out, it's finally here! What is? A horsey? No! Something far more amazing -- the first official photo of Jamie Dornan as Christian Grey! You're welcome cat ladies and single women of the world. We are glad we could help with your dark fantasies this fine Wednesday.

Feast your peepers on the first image from the S&M-tastic film, Fifty Shades of Grey. In the pic, the actor gives a smoldering look from the seat of his car. We wouldn't mind going on a ride with him -- but Christian try not to be too rough, some of us bruise easily!

The film, based on EL James' wildly popular erotic novel, follows Christian Grey, a handsome and wealthy businessman, who delves into a passionate world of pleasure and pain with college student Anastasia Steele, played by Dakota Johnson.

We are a little perplexed at why the studio would release this (pretty boring) pic (we want to see his body or at least ball gag!) as the first photo from the much anticipated film -- but we will take what we can get!

And this is in addition to the $3 million he donated to the Oceana foundation back in February! Talk about putting his money where his mouth is ... and to the tune of $10 million?! Yet another reason why we love Leonardo DiCaprio...

Leo attended the final day of the Our Ocean Conference on Tuesday at the State Department in Washington, DC, and the 39-year-old actor pledged to donate $7 million to ocean conservation. This was the same day that it was revealed that President Barack Obama will significantly expand marine sanctuary protections in the Pacific Ocean.

“It’s the Wild West on the high seas,” Leo said at the conference. “These last remaining underwater bio gems are being destroyed because there isn’t proper enforcement or sufficient cooperation among governments to protect them. We’re plundering the ocean and its vital resources, and just because we can’t see the devastation from dry land doesn’t mean it’s any less dangerous. It needs to stop.”

Lisa Vanderpump is not a happy housewife!

On Tuesday, a jury ruled that the Real Housewives of Beverly Hills star had to pay $100k to a former employee who was sexually harassed at her restaurant Villa Blanca. Apparently the British star is fuming and "in shock" after the ruling.

Looks like Vanderpump doesn't always rule!

Vanderpump's attorney told TMZ, "We are in absolute shock at the amount of punitive damages that were awarded."

Guess after this judgement, Vanderpump's not jumping on #yesallwomen bandwagon any time soon!

Yesterday, a jury ruled Vanderpump's Beverly Hills' restaurant, Villa Blanca, had to pay former employee Karina Bustillos in punitive damages after winning her sexual harassment lawsuit against the eatery.

Last week, the server was awarded $6,000 following after testifying that her manager, Michael Govia, had made unwanted sexual advances, called her foul names and even manhandled her, going so far as to grab her wrists and tried to kiss her. Bustillos also alleged that the restaurant failed to take action when she told them about the incidents.

TMZ claims that the high damages awarded are unusual because the jury did not place any liability on the Govia, which apparently throws doubts on whether the claims were credible. Unfortunately for the reality star, who has a net worth of $65 million, the court decided that she and her husband Ken Todd should be held accountable.

Last week both sides had claimed they had emerged victorious after that ruling -- but before the latest $100K decision had been handed down.

Embarrassingly enough, Vanderpump tweeted last week that she had a "victory," writing, "Victory! It was principal manager of (Villa Blanca) vindicated by the jury unanimously on all charges, been a tough ten days at trial. #truthprevailed."

Not so fast, lady!

Muddy Madge!

Madonna took to her Instagram to promote her new skincare line MDNA, and the pop icon decided to show off how well her products work by posting two selfies showing her using the potions and the after results!

"Trying out the new Clay Mask from MDNA skin care line! Lets see if it works! #livingforlove," she captioned a snapshot of her face slathered in the cosmetic.

The singer is notorious for looking way younger than 55-years-old, and her makeup-free close up makes it easy to tell why!

"Lovely and glowing! Yaaaasssssss it weeks!' she captioned the below pic.

The Grammy winner first revealed her plans for a skincare line in May of this year.

After stopping by Jimmy Kimmel Live on Tuesday afternoon, Kesha went out to dinner at Crossroads in Hollywood, and the 27-year-old singer couldn't stop smiling!

Back in January Kesha confirmed that she had checked in to rehab at the Timberline Knolls rehab center in Illinois for an eating disorder, and in February she decided to extend her stay there. But now it looks like K-Money has fully recovered, and from the healthy glow on her face to the return of her playful personality, it's great to have her back!

When Kesha joined Ludacris, Brad Paisley and Josh Groban on Kimmel last night to plug their upcoming talent show Rising Star, the singer got a bit sassy with Luca when Jimmy asked if the two had previously met. Luda initially said they hadn't, but Kesha countered, “See that’s not true. We played shows together. My assistant made out with your tour manager! They went and ate shrimp at the strip club!” Sounds pretty wild ... but that's no surprise!