Katy Perry – Infuse News

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Katy Perry sells her music catalog to Litmus for $225 million

Katy Perry sells her music catalog to Litmus for $225 million

Katy Perry’s five studio albums for Capitol Records have been acquired by catalogue rights company Litmus Music, it was announced on Monday. For $225 million, Perry gave the private equity Carlyle-backed company, which was co-founded by the former president of Capitol Records, Dan McCarroll, the rights to her work. The agreement covers Perry’s ownership interests…

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