Parton launches Dolly Records
Her manager Danny Nozell told Billboard: "She's a free agent right now so we decided to go around to the majors to at least see what kind of distribution deals they were bringing in, and didn't see anything I was interested in."
He added: "To be honest, we have the finances the major labels have, and I put together a marketing plan that was way more extensive than any major has brought me."
The first release on the label will be Parton's new album, which is expected to be ready in February.
Speaking about the possibility of other acts joining the label, Nozell said: "She's going to be the only person on that label. We're not signing any other artists - it's going to be strictly for Dolly Parton."