Deal with Litmus Music reportedly covers the pop star’s stake in the sound recording and publishing rights to One of the Boys through Smile
Perry’s decision to sell to Litmus makes sense, as its co-founder Dan McCarroll, used to run Capitol Records.
“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.”
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