Ellen DeGeneres announced on her talk show today that she is starting her own record label, eleveneleven. But obviously, rather than pick any of the no-talents from American Idol season 9 as her first recording artist, Ellen instead signed some kid named Greyson Chance. He's the boring kid whose YouTube video of Lady Gaga's "Paparazzi" has been making the rounds (see above). Honestly, are we going to give every kid who makes a YouTube video a recording contract now? Greyson is average at best (if you even give him that much), and he should wait a while to actually cultivate his talent rather than waste it on an ill conceived album now. But hey, what do we know? Ellen's the one with all of the Grammys and Billboard #1 hits. Oh wait...