Katy Perry and Russell Brand have purchased a $6.5 million Hollywood Hills home and RadarOnline.com has photos of their gorgeous new abode.

The newlyweds bought the seven bedroom, nine bathroom house last week from former National Lampoon CEO Daniel Laikin, who was sentenced to 45 months in prison in 2010 for for conspiring to manipulate the stock price of the media company.

The home was also used at one point to film a season of ABC’s The Bachelor.

The Spanish-style 8,835 square foot mansion sits on 2.98 acres and features an outdoor patio with a swimming pool and a guest house.

Paris Hilton's life just got a little more simple, after a Florida judge dismissed a lawsuit against the heiress following the news of a settlement in the case, RadarOnline.com has learned exclusively.

EXCLUSIVE DOCUMENTS: Read The Court Papers

In 2008, Worldwide Entertainment Group Inc. filed a lawsuit in U.S. District Court in Miami, alleging the 29-year-old heiress owed $75,000 in damages for not fulfilling promotional obligations for a film entitled, National Lampoon's Pledge This!.