Buzzerloops received a recent news which reveals $225M for Katy Perry as She sold her Music Catalogue to Litmus Music. (Read More News)
Big news in the music industry today that's got me all excited. Litmus Music, the catalog rights powerhouse, just dropped a bombshell.
Brace yourselves: they've just snagged the golden goose, Katy Perry's cherished five studio albums from her Capitol Records days. Yup, you heard it right.
Now, you might wonder, "What's the big deal?" Well, it's colossal!Litmus coughed up a cool $225 million for the keys to Katy's kingdom. That's her master recording royalties and the rights to her music publishing for those iconic albums she gifted us between 2008 and 2020. We're talking "One of the Boys," "Teenage Dream," "PRISM," "Witness," and "Smile." Hush-hush on the details from Litmus, though.
Dan McCarroll, Litmus's co-founder and chief creative officer, can't hide his excitement. He's calling Katy Perry a "creative visionary," and honestly, who can argue with that? She's rocked our worlds through music, TV, film, and her philanthropic endeavors. Dan's just thrilled to team up with her again and keep that incredible repertoire alive.
And guess what? The folks over at Carlyle, led by the fantastic Matt Settle, are beaming with pride too. They're all about partnering with the world's top artists, and Katy Perry fits the bill perfectly. Matt even points out that Katy's hits aren't just hits; they're cultural phenomena that have left an indelible mark.
Remember when "I Kissed A Girl" dropped in July 2008? That was the beginning of a wild ride, leading to a whopping nine No. 1 hits on the Billboard Hot 100, including the unforgettable "California Gurls," "Firework," "E.T.," "Last Friday Night (T.G.I.F.)," and of course, "Teenage Dream." Katy's achievement here? She's the first woman, and only the second artist (after the legendary Michael Jackson), to send five songs from a single album soaring to the top of the Hot 100.
So, here's to Katy Perry and Litmus Music for keeping the magic alive. It's an amazing moment for music history, and I, for one, can't wait to see what's next in Katy's incredible journey. 🎶✨
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