Katy Perry Sells Catalog to Litmus Music for $225 Million ...Middle East

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Katy Perry Sells Catalog to Litmus Music for $225 Million
Litmus Music, a catalog rights company backed by private-equity giant Carlyle Group LP, said on Monday (Sept. 18) it acquired the rights to Katy Perry’s five studio albums released for Capitol Records, including her Grammy-nominated Teenage Dream.   According to sources, Litmus paid $225 million for Perry’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. Litmus declined to comment on the deal terms. Perry’s catalog sale, finalized earlier this year, follows other 2023 music rights deals l

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