Katy Perry has become the latest musician to cash in on millions by selling the rights to her music back catalogue.
The 38-year-old singer has struck a deal with The Carlyle Group investment firm for an estimated £181m [$225m] for the musical copyright to her songs and albums released between 2008 and 2020. This includes hits I Kissed A Girl, Firework, Dark Horse and California Gurls.
Perry is the latest in a succession of music stars to make the decision to give up ownership of their songs in exchange for a cash lump sum.
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