Quote:
Originally posted by katyperryismylife
Receipts?
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From an article on MTV
http://www.mtv.com/news/articles/169...art-host.jhtml
Quote:
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Picking up from his massive closing performance at the 2011 Video Music Awards, VMA nominee Lil Wayne will also drop by for the proceedings to make the worldwide debut of his new single "No Worries," from his new mixtape, Dedication 4. Katy Perry will present the first award of the night, for Best Pop Video and pre-show performer Demi Lovato has been added as a presenter as well.
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Quote:
Originally posted by Fred Perry
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To make a long story short...
EMI (Katy's label) was billions of dollars in debt. So the bank tookover and decided to sell it last year. It was later announced that same year that EMI sold its recorded music operations to Universal Music Group and its music publishing operations to Sony. (In simpler words, EMI artist like David Guetta, Coldplay and Katy would be joinning Universal artist like Rihanna and Lady Gaga. While Sony would become in charge of songwriting copyrights.)
The only reason that Katy has still been with EMI for the last year was the purchase had not been approved by regulators. The deadline for approval is at the end of this month and they are saying that there is an extremely good chance. That is why during Katy's NARM Music Award speech she said
"Long live EMI -- you haven't taken us down yet, Universal!"
Soon Katy will be transitioning from an EMI artist to an Universal one. This makes me upset because EMI/Capitol did such a good job with her.
I hope I explained it well. If you don't understand or have a question just ask.
If so, like my facebook page! 
Didn't know that though.. What happens to Queen Cheli then? 
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