Annabel Staff, Redferns
The singer is reported to have been pledged a£100,000 (£156,000) salary after Sony won the rights to become backers to her label In The Name Of.
The Sunreports that she has already snapped up American band Cults under the noses of other interested labels -- her quest aided by adding an A&R man to her ranks from umbrella label Sony.
In addition to reportedly forming her own label, Allen is running a London clothes shop and also spending time correcting journalists on Twitter, as previously reported byAOL Music. Allen lashed out at Mail on Sunday reporter Katie Nicholl last year after writing erroneously about her private life, claiming that Allen and partner Sam Cooper were to become married at New Year.
As reported byAOL Music, Lily Allen's half-sister had been quoted as claming Allen would be trying for another baby in 2011 after suffering a miscarriage in October last year.
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