Katy Perry Sells Music Catalogue For $220m - Noise11.com
Katy Perry, photo by Ros O'Gorman, rod laver arena, Melbourne 2014

Katy Perry, photo by Ros O'Gorman

Katy Perry Sells Music Catalogue For $220m

by Music-News.com on September 18, 2023

in News

Katy Perry has sold her music rights to Litmus Music for $225 million (£180 million).

Following several months of rumours, Perry has sold the rights to her music to Litmus Music for $225 million, the company announced on Monday.

The deal includes Perry’s stakes in master recordings and publishing rights for the five albums that she released between 2008 and 2020, One of the Boys, Teenage Dream, Prism, Witness and Smile.

In recent years, Perry has slowed down her highly successful career to focus on Las Vegas residencies, philanthropy work and raising a family with her long-time partner, Orland Bloom.

Litmus Music was co-founded by former Capitol Records president Dan McCarroll. The Carlyle-backed company, which focuses on acquiring and managing both publishing and recorded music rights, launched in 2022. It made its first major acquisition by buying the rights to Keith Urban’s master recordings.

McCarroll stated, “Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy. I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire.”

Hank Forsyth, Co-founder and CEO, added, “Katy’s songs are an essential part of the global cultural fabric. We are so grateful to be working together again with such a trusted partner whose integrity shines in everything that she does.”

music-news.com

Stay updated with your free Noise11.com daily music news email alert. Subscribe to Noise11 Music News here

Be the first to see NOISE.com’s newest interviews and special features on YOUTUBE and updated regularly. See things first SUBSCRIBE here: Noise11 on YouTube SUBSCRIBE

Noise11.com

Related Posts

One Direction, Liam Payne, Photo By Ros O'Gorman
One Direction Reunite At Funeral for Liam Payne

Liam Payne's One Direction bandmates paid their last respects to the singer at a private funeral on Wednesday.

22 hours ago
One Direction, Liam Payne, Photo By Ros O'Gorman
Liam Payne’s Gold Rolex Went Missing After His Death

Argentine detectives have declared Liam Payne's gold Rolex watch missing.

November 14, 2024
Orianthi Australian tour
Orianthi To Play January Dates In Australia

Orianthi has her own set of shows to play in Australia in 2025.

November 8, 2024
Ariana Grande Sweetener
Ariana Grande’s Full Name Appears In Wicked Credits

Ariana Grande has explained exactly why her full name appears in the credits of her new movie Wicked.

November 6, 2024
Cardi B
Cardi B Fires Back At Musk Over His Idiot Comments

Cardi B has hit back at Musk for calling her "a puppet" for U.S. presidential candidate Kamala Harris.

November 4, 2024
King Gizzard and the Lizard Wizard photo by Maclay Heriot
King Gizzard and the Lizard Wizard Release “The Other 10 Songs”

King Gizzard and the Lizard Wizard have 10 more new songs, from the sessions for the 26th album ‘Flight b741’ where they recorded 20 songs and only released 10.

October 30, 2024
One Direction, Liam Payne, Photo By Ros O'Gorman
Posthumous Liam Payne Song To Be Released on Friday

Liam Payne's first posthumous song will be released on Friday.

October 30, 2024