$225M music deal: Katy Perry sells catalog to Litmus Music

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$225M music deal: Katy Perry sells catalog to Litmus Music
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Litmus Music is the new owner of Katy Perry’s music. The “Firework” singer sold her catalog to the company founded by former Capitol Records President Dan McCarroll and launched in 2022 for $225 million, Variety reported.

Music deal FILE PHOTO: Katy Perry performs on stage as Tiffany & Co. Celebrates the reopening of NYC Flagship store, The Landmark on April 27, 2023 in New York City. Perry has sold the rights to her music catalog to Litmus Music.

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