Katy Perry sells back catalogue for $225million

Katy Perry has sold the rights to her music, for a reported $225million (£180.5million).READ MORE: Katy Perry – ‘Smile’ review: pop icon sounds somewhat recharged, but lacks the fireworks of oldThe deal comes after months of rumours alleging that the American pop star was underway with the process of selling her catalogue, and sees Perry transfer the rights to her music over to Litmus Music.
The company is co-founded by former Capitol Records president Dan McCarroll, and