On a recent episode of Queen Radio, Nicki Minaj made a big announcement — she's officially launching a record label.

“There’s a big announcement coming…Well, I have a record label now,“ she said.

While she hasn't revealed the label's name yet, she did share other info, including the label's roster and who will head up A&R. Patty Lauren, also known as Patty Duke, will be A&R, while the roster includes Nana Fofie, Tate Kobang, Rico Danna, and London Hill, per Complex.

She talked about the impact Lil Wayne had on her career. "When I came in this game, I didn’t have no paperwork with Lil Wayne. But he had us on tour, he had us in a studio, he was getting on my mixtapes... I understand the importance of having somebody else doing the heavy lifting for you. I understand why people are coming out and they’re so, you know, microwaveable and they’re here today and gone tomorrow, because there’s no structure.”

She also explained why she initially wasn't in a rush to start a label – she wanted to make sure she had the time to invest. “That’s why I never wanted to do a label before because I said to myself …unless I’m ready to really put these artists on I’m not gonna ruin anyone’s life,”