Katy Perry Sells Catalog Rights to Litmus Music for $225 Million
variety.comJem Aswad Executive Editor, Music After months of rumors, Katy Perry has sold her music rights to Litmus Music, the Carlyle-backed company co-founded by former Capitol Records president Dan McCarroll, for $225 million, the company announced Monday.
The deal includes Perry’s stakes in master recordings and publishing rights for the five albums she released between 2008 and 2020: “One of the Boys,” “Teenage Dream”, “Prism,” “Witness” and “Smile.” Universal Music Group continues to own the masters to those albums.
After years as a major superstar during the 2010s, Perry has slowed her career, focusing on residencies in Las Vegas and raising a family with her partner, actor Orlando Bloom.
Litmus launched in the summer of 2022 and made its first major acquisition the following December, buying Keith Urban’s rights to his master recordings.
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