Katheryn Elizabeth Hudson (born October 25, 1984), known professionally as Katy Perry, is an American singer, songwriter, and television judge. After singing in church during her childhood, she pursued a career in gospel music as a teenager.
Perry signed with Red Hill Records and released her debut studio album Katy Hudson under her birth name in 2001, which was commercially unsuccessful. She moved to Los Angeles the following year to venture into secular music after Red Hill ceased operations and she subsequently began working with producers Glen Ballard, Dr. Luke, and Max Martin.
After adopting the stage name Katy Perry and being dropped by The Island Def Jam Music Group and Columbia Records, she signed a recording contract with Capitol Records in April 2007.
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. Keep reading to find out more… Katy remains the first woman and only second artist ever, after Michael Jackson, to send five songs from the same album to the top of the Hot 100: “California Gurls,” “Firework,” “E.T.,” “Last Friday Night (T.G.I.F.)” and “Teenage Dream.” Dan McCarroll, Litmus co-founder and chief creative officer, was once president of Capitol Records, so he’s had a working relationship with Katy for over a decade. “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,” he said in a statement, via Billboard.
Litmus has acquired publishing and recording rights of artists like Keith Urban and Benny Blanco. Hank Forsyth, Litmus co-founder and chief executive officer, said Katy‘s “essential” songs are “part of the global cultural fabric.” “We are so grateful to be working together again with such a trusted partner,” he said. “We believe this is a testament to the team’s ability to partner with the world’s top artists. Katy’s iconic songs have not only achieved outstanding commercial success but have significantly influenced popular culture,” added Matt Settle, managing directorRead more on justjared.com