Rapper Nicki Minaj is preparing to launch her own record label.

The Super Bass hitmaker, who is signed to her mentor Lil Wayne's Young Money Entertainment label, reveals she has already signed two artists, and she has featured one of them - London-based singer Parker - on her new song Hell Yeah.

Discussing her plans to become a music mogul with her Twitter.com followers early on Thursday (15Nov12), Minaj admits she's having to rethink the name of the company so it will be more inclusive for her male proteges.

She writes, "Not calln (calling) it pink Friday records anymore barbz (fans). Not fair 2 (sic) the dudes. I'll issue a press release w/ (with) the official name very soon."

Hell Yeah will be included in the upcoming revamped version of her latest album, Pink Friday: Roman Reloaded The Re-Up.