Katy Perry sells her again catalogue for $225 million

Katy Perry sells her back catalogue for $225 million

Litmus Music is a enterprise of former Capitol Information president Dan McCaroll and Hank Forsyth with Caryle International Credit score. They launched in 2022 and have since acquired Keith City’s and Benny Blanco’s catalogs.

The deal consists of Perry’s music recording rights and publishing rights for the 5 albums she launched between 2008 and 2020 with Capitol Information: One of many Boys, Teenage Dream, PRISM, Witness, and Smile. Common Music Group continues to personal the masters to these albums.

This information comes shortly after her second album, Teenage Dream, celebrated its 13-year anniversary.

Of the acquisition, McCarroll mentioned, “Katy Perry is a inventive visionary who has made a serious impression throughout music, TV, movie, and philanthropy. I’m so honoured to be partnering along with her once more and to assist Litmus handle her unimaginable repertoire”, while co-founder and CEO Hank Forsyth added, “Katy’s songs are an important a part of the worldwide cultural material. We’re so grateful to be working collectively once more with such a trusted accomplice whose integrity shines in the whole lot that she does.”

“We imagine this can be a testomony to the staff’s potential to accomplice with the world’s high artists. Katy’s iconic songs haven’t solely achieved excellent industrial success however have considerably influenced fashionable tradition,” mentioned Matt Settle, Managing Director at Carlyle.

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