Eddie Murphy is denying reports that he has signed Karrine ‘Supersucker’ Steffans to a newly formed record label. In fact, the Academy Award nominated actor claims he isn’t forming a new label at all:

“In regard to recent reports that Eddie Murphy has formed a record label, it should be known for the record that Mr. Murphy has not formed a record label of any sort, nor is he interested in doing so,” according to a statement from his rep.