David Guetta has said his new label won't make him any money, and it's "just for fun".
Speaking to inthemix, he said: "The label that I’m starting – it’s not a business. It’s just an electronic label. This is just for fun, it’s not for making money. I’m not going to make even one Euro out of it.”
Some will also be relieved to hear, there's going to be no pop collaborations. “The idea of this label is to just release electronic beats and nothing that can go to radio or sell lots of records,” he said.
“It’s for Beatport only. I love making records that cross over but I’m going backwards with this label. Everything has become so big with electronic music that I think it’s time for me to do some smaller projects.”
Looks like he agrees with Pete Tong, then.