Top

Katy Perry Sells Catalog for $225 Million

Katy Perry has struck a $225 million deal to sell her catalog to Litmus Music.

The deal covers the master royalty income and publishing rights for Perry’s five studio albums released by Capitol Records: One of the Boys, Teenage Dream, PRISM, Witness, and Smile.

Litmus Music, a venture of former Capitol Records president Dan McCaroll and Hank Forsyth with Caryle Global Credit, previously acquired Keith Urban’s and Benny Blanco’s catalogs.

Next month, Katy Perry will stage the final 10 performances of her long-running residency at Resorts World Theatre in Las Vegas. Tickets to the remaining shows are available here.

Editor’s Note: See why Katy Perry’s Teenage Dream is one of the best albums of the 2010s