 Katy Perry Sells Catalog for $225M to Litmus Music

Katy Perry sells her back library to Litmus Music for $225 million.

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Publishing rights and master recordings are included in the deal.

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covers Capitol Records, which released her five studio albums.

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There are other albums, such as "One of the Boys," "Teenage Dream," "Prism," "Witness," and "Smile."

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contains nine singles that reached No. 1, including "Firework" and "California Gurls."

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Dan McCarroll, a former president of Capitol Records, co-founded Litmus.

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Perry's residency in Las Vegas will end in November.

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new artist to join the catalog sales trend.

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