Katy Perry Sells Music Catalog For Whopping $225M Payout

Published: Monday 18th Sep 2023 by Ryan

‘Dark Horse’ hitmaker Katy Perry is saddling up for a ride to the bank after hitching her top-selling catalog to Litmus Music.

Details inside…

Silencing months of rumors, the GRAMMY nominee made headlines Monday morning (September 18) after reports surfaced she sold the rights to her catalog to Litmus Music – a music rights company founded by former Capitol Records president Dan McCarroll (Perry’s longtime label home).

The terms of the deal see Katy hand over her stake in the masters for her five major label studio albums – ‘One of the Boys,’ the history-making ‘Teenage Dream,’ ‘Prism,’ ‘Witness,’ and ‘Smile’ – as well as her biggest hits aboard them like ‘Roar,’ ‘Firework,’ ‘I Kissed a Girl,‘ and more.

“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,” McCaroll said in an official statement.

Hank Forsyth, Co-Founder and Chief Executive Officer of Litmus Music, echoed the sentiment.

“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,” he said.

The news comes just weeks after the Pop diva revealed she is not only readying her next run as judge on ABC’s ‘American Idol’ but also putting the finishing touches on her long-awaited sixth major label studio album and possibly a supportive world tour.

Your thoughts?

Posted under:

Comments 5

Please Post Your Comments & Reviews

Your email address will not be published. Required fields are marked *

  1. Bravo!! September 18, 2023

    Wtf I keep getting this McDonalds ad every 5 seconds, huh?? I’m about to stay of this site until the ad goes away

  2. Renaissance Visuals September 18, 2023

    Hers & Shakira’s sold for the same amount. Is it a more lucrative biz move long term to sell one’s catalog?

    • King z September 18, 2023

      Yes, especially if your career is faltering. May as well sell it.m now while it’s actually worth something

      • Renaissance Visuals September 18, 2023

        Makes sense, thx!

  3. Ms. Ling Ling September 18, 2023

    Well, I’m hoping her ghost writer Bonnie McKee will get some money from that jackpot

Recommended Posts
..**