Photo credit:  WINDSOR, ENGLAND – MAY 07: Katy Perry performs on stage during the Coronation Concert on May 07, 2023 in Windsor, England. The Windsor Castle Concert is part of the celebrations of the Coronation of Charles III and his wife, Camilla, as King and Queen of the United Kingdom of Great Britain and Northern Ireland, and the other Commonwealth realms that took place at Westminster Abbey yesterday. Performers include Take That, Lionel Richie, Katy Perry, Paloma Faith, Olly Murs, Andrea Bocelli and Sir Bryn Terfel, Alexis Ffrench, Lang Lang & Nicole Scherzinger, Bette Midler, Tiwa Savage, Steve Winwood, Pete Tong and The Coronation Choir. (Photo by Chris Jackson/Getty Images)

Katy Perry sold her music rights to Litmus Music, a company co-founded by Capitol Records president Dan McCarroll, in a deal reportedly worth $225 million. The deal covers all five of her studio albums, including 16 multi-platinum singles. “Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy,” McCarroll said in a statement. “I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire.” Perry has slowed her music career in recent years, focusing on a Las Vegas residency and starting a family with Orlando Bloom.

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