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Katy Perry

Katheryn Elizabeth Hudson (born October 25, 1984), known professionally as Katy Perry, is an American singer, songwriter, and television judge. After singing in church during her childhood, she pursued a career in gospel music as a teenager.

Perry signed with Red Hill Records and released her debut studio album Katy Hudson under her birth name in 2001, which was commercially unsuccessful. She moved to Los Angeles the following year to venture into secular music after Red Hill ceased operations and she subsequently began working with producers Glen Ballard, Dr. Luke, and Max Martin.

After adopting the stage name Katy Perry and being dropped by The Island Def Jam Music Group and Columbia Records, she signed a recording contract with Capitol Records in April 2007.

Justin Bieber
Justin Drew Bieber (born March 1, 1994) is a Canadian singer, songwriter and actor. Encountered at 13 years old by talent manager Scooter Braun after he had watched the boy's YouTube cover song videos, Bieber was signed to RBMG Records in 2008. Bieber's debut EP, My World, released in late 2009, made Bieber the first artist to have seven songs from a debut record chart on the Billboard Hot 100.
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Katy Perry sells rights to five albums to buyout firm Litmus Music for reported $225M

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nypost.com

Billboard reported the deal was valued at $225 million, citing sources. Private equity firm Carlyle declined to comment on the deal value.The five studio albums were released under Perry’s contract with Capitol Records, whose former president Dan McCarroll is the co-founder of Litmus Music.Blackstone-backed Hipgnosis Songs and other investment firms have in recent years scooped up music catalogs of artists including Justin Bieber and Bob Dylan as the rise of streaming turns their songs into a reliable source of revenue.With Perry, Litmus Music gets access to an artist who shot to fame in July 2008 with the track “I Kissed A Girl” and has earned 13 Grammy nominations and five MTV Video Music Awards..

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