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Katy Perry Sells Music Catalog for $225 Million! | Katy Perry, Music | Just Jared: Celebrity News and Gossip

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Katy Perry just made an enormous music bargain.

Litmus Music, a catalog legal rights business backed by private-equity team Carlyle Group LP, verified that it obtained the legal rights to Katy’s 5 workshop cds launched for Capitol Records, through Billboard on Monday (September 18).

Litmus supposedly paid $225 million for Katy’s risk in the master recording nobilities and music posting legal rights to her 5 cds launched in between 2008 and 2020: One of the Boys, Teenage Dream, PRISM, Witness and Smile.

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Katy continues to be the initial female and just 2nd musician ever before, after Michael Jackson, to send out 5 tunes from the very same cd 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 founder and principal innovative police officer, was when head of state of Capitol Records, so he’s had a functioning partnership with Katy for over a years.

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 stated in a declaration, through Billboard.

Litmus has actually obtained posting and recording legal rights of musicians like Keith Urban and Benny Blanco.

Hank Forsyth, Litmus founder and ceo, stated Katy‘s “essential” tunes are “part of the global cultural fabric.”

“We are so grateful to be working together again with such a trusted partner,” he stated.

“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,” included Matt Settle, taking care of supervisor at Carlyle.

Justin Bieber in a similar way just offered his music in a multi-million buck bargain.



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