Katy Perry Sells Music Catalog for $225 Million!
Katy Perry just made a massive music deal. Litmus Music, a catalog rights company backed by private-equity group Carlyle Group LP, confirmed that it acquired the rights to Katy’s five studio albums released for Capitol Records, via Billboard on Monday (September 18). Litmus reportedly paid $225 million for Katy’s stake in the master recording royalties and music publishing rights to her five albums released between 2008 and 2020: One of the Boys, Teenage Dream, PRISM, Witness and Smile. Katy remains […]