Amy Winehouse is starting her own record company called Lioness.

Amy is getting ready to launch her own record company, and her first artist will be her goddaughter, Dionne Bromfield, reports NME.com.

The star reportedly invested a little over $1.4 million US to get her record company off the ground. The first album to be released by the Lioness label will be Bromfield's in March.

Amy recorded a duet for Dionne's album, and also convinced Lady GaGa, Lemar and Eoghan Quigg to collaborate on the project.

Watch Amy Winehouse perform "You Know I'm No Good" and "Rehab" live at the 50th Grammy Awards.

Amy won five awards! She won Record Of The Year for "Rehab", Song Of The Year for "Rehab", Best New Artist, Best Female Pop Vocal Performance for "Rehab", and Best Pop Vocal Album for Back To Black.

I'm glad to see her back on stage looking so much healthier.

Amy Winehouse won't be performing at this year's Grammy Awards because her request for a visa was turned down by the U.S. Embassy, her publicist said Thursday.

"Amy has been progressing well since entering a rehabilitation clinic two weeks ago and although disappointed with the decision has accepted the ruling and will be concentrating on her recovery," the Outside Organization, which counts the troubled retro-soul sensation among its clients, said in an e-mail.

The statement didn't say why her application had been rejected but it might just have something to do with all those "incidents" she's had lately.

Here's the music video for Mark Ronson's cover of "Valerie" featuring Amy Winehouse.
This is the third single from Ronson's critically acclaimed album 'Version'.

Looks like Amy couldnt' make it out of bed for the video, too bad 'cause the vid could've been so much better with her in it.

What do you think of the song or video?

Check out the latest video by Amy Winehouse for "Tears Dry On Their Own", the fourth single from her hugely successful second album ' Back To Black '

Her album finally came out in America this week and she's got a new single in the U.K.

Check out the NEW music video for "Back to Black" by Amy Winehouse.

Lets REWIND back a little to November 2006 and watch the music video for "You Know I'm No Good" by Amy Winehouse.

Lets REWIND back a little to September 2006 and watch Amy Winehouse's music video for "Rehab" the lead single off her second album Back To Black.

The song was written about Amy's refusal to attend an alcohol rehabilitation centre after her management team encouraged her to go. "I asked my dad if he thought I needed to go. He said: 'No but I should give it a try.' So I did, for just 15 minutes. I went in said 'hello' and explained that I drink because I am in love and have f*cked up the relationship. Then I walked out."

Amy later changed her management company.