Katy Perry Sells The Rights To Her Music Catalog In $225M Deal

Katy Perry sold her music rights to Litmus Music, a company co-founded by Capitol Records president Dan McCarroll, in a deal reportedly worth $225 million

The deal covers her five albums released through Capitol Records, from 2008’s “One of the Boys” through “Smile” in 2020.

Those albums spawned 16 multiplatinum singles, including seven that have gone to #1 on the Hot 100.

“Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy,” McCarroll said in a statement. “I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire.”

Litmus Music, a music rights business backed by our Global Credit platform, announced a creative partnership with @katyperry, covering all five of her studio albums, including 16 multi-platinum singles, highlighting Litmus’ artist-focused approach. More: https://t.co/XXMm79WGcn pic.twitter.com/Q92jYUXiy5

— The Carlyle Group (@OneCarlyle) September 18, 2023

(People)

Tinseltown / Shutterstock.com

Katy Perry sold her music rights to Litmus Music, a company co-founded by Capitol Records president Dan McCarroll, in a deal reportedly worth $225 million

The deal covers her five albums released through Capitol Records, from 2008’s “One of the Boys” through “Smile” in 2020.

Those albums spawned 16 multiplatinum singles, including seven that have gone to #1 on the Hot 100.

“Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy,” McCarroll said in a statement. “I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire.”

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