Singer Katy Perry has sold the rights to her music catalog in a deal reportedly worth $225 million. The Carlyle Group investing firm announced on Monday, the rights to the 38-year-old singer’s songs and albums released from 2008 to 2020 had been bought by Litmus Music, reports aceshowbiz.com.
According to outlets including Deadline and Billboard, the deal includes Katy’s five albums released through Capitol Records, ‘One of the Boys’ (released in 2008), ‘Teenage Dream’ (2010), ‘Prism’ (2013), ‘Witness’ (2017) and 2020’s ‘Smile’.
Litmus co-founder and CEO Hank Forsyth said, “Katy’s songs are an essential part of the global cultural fabric.We are so grateful to be working together again with such a trusted partner whose integrity shines in everything that she does.”
Matt Settle, managing director at the Carlyle Group, added: “We believe this is a testament to the team’s ability to partner with the world’s top artists. Katy’s iconic...
According to outlets including Deadline and Billboard, the deal includes Katy’s five albums released through Capitol Records, ‘One of the Boys’ (released in 2008), ‘Teenage Dream’ (2010), ‘Prism’ (2013), ‘Witness’ (2017) and 2020’s ‘Smile’.
Litmus co-founder and CEO Hank Forsyth said, “Katy’s songs are an essential part of the global cultural fabric.We are so grateful to be working together again with such a trusted partner whose integrity shines in everything that she does.”
Matt Settle, managing director at the Carlyle Group, added: “We believe this is a testament to the team’s ability to partner with the world’s top artists. Katy’s iconic...
- 9/19/2023
- by Agency News Desk
Singer Katy Perry has sold the rights to her music catalog in a deal reportedly worth $225 million. The Carlyle Group investing firm announced on Monday, the rights to the 38-year-old singer’s songs and albums released from 2008 to 2020 had been bought by Litmus Music, reports aceshowbiz.com.
According to outlets including Deadline and Billboard, the deal includes Katy’s five albums released through Capitol Records, ‘One of the Boys’ (released in 2008), ‘Teenage Dream’ (2010), ‘Prism’ (2013), ‘Witness’ (2017) and 2020’s ‘Smile’.
Litmus co-founder and CEO Hank Forsyth said, “Katy’s songs are an essential part of the global cultural fabric.We are so grateful to be working together again with such a trusted partner whose integrity shines in everything that she does.”
Matt Settle, managing director at the Carlyle Group, added: “We believe this is a testament to the team’s ability to partner with the world’s top artists. Katy’s iconic...
According to outlets including Deadline and Billboard, the deal includes Katy’s five albums released through Capitol Records, ‘One of the Boys’ (released in 2008), ‘Teenage Dream’ (2010), ‘Prism’ (2013), ‘Witness’ (2017) and 2020’s ‘Smile’.
Litmus co-founder and CEO Hank Forsyth said, “Katy’s songs are an essential part of the global cultural fabric.We are so grateful to be working together again with such a trusted partner whose integrity shines in everything that she does.”
Matt Settle, managing director at the Carlyle Group, added: “We believe this is a testament to the team’s ability to partner with the world’s top artists. Katy’s iconic...
- 9/19/2023
- by Agency News Desk
- GlamSham
Katy Perry is the latest artist to sell her music rights.
The singer has sold the rights to Litmus Music — which is co-founded by former Capitol Records president Dan McCarroll — for a whopping $225 million Usd.
The company — that launched last summer — announced the news on Monday, Variety reported.
Perry’s stakes in master recordings and publishing rights for her five albums — One of the Boys [2008], Teenage Dream [2010], Prism [2013], Witness [2017] and Smile [2020] — are included in the deal. Universal Music Group continues to own the masters to the releases.
Read More: Katy Perry’s Old Interview About Russell Brand Resurfaces Amid Rape And Sexual Assault Allegations: ‘I Found Out The Real Truth’
McCarroll said, “Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy. I’m so honoured to be partnering with her again and to help Litmus manage her incredible repertoire.”
Co-founder and CEO Hank Forsyth added,...
The singer has sold the rights to Litmus Music — which is co-founded by former Capitol Records president Dan McCarroll — for a whopping $225 million Usd.
The company — that launched last summer — announced the news on Monday, Variety reported.
Perry’s stakes in master recordings and publishing rights for her five albums — One of the Boys [2008], Teenage Dream [2010], Prism [2013], Witness [2017] and Smile [2020] — are included in the deal. Universal Music Group continues to own the masters to the releases.
Read More: Katy Perry’s Old Interview About Russell Brand Resurfaces Amid Rape And Sexual Assault Allegations: ‘I Found Out The Real Truth’
McCarroll said, “Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy. I’m so honoured to be partnering with her again and to help Litmus manage her incredible repertoire.”
Co-founder and CEO Hank Forsyth added,...
- 9/18/2023
- by Becca Longmire
- ET Canada
Katy Perry has sold her music rights to Litmus Music, a venture co-founded by Capitol Records president Dan McCarroll and financed by The Carlyle Group.
The deal covers all five of her studio albums, including 16 multi-platinum singles. Carlyle announced the deal, worth a reported $225 million, today.
According to Carlyle, the partnership company’s partnership with Perry “has its roots in Litmus Co-Founder and Chief Creative Officer Dan McCarroll’s longstanding working relationship” with the singer, which began in 2010 when McCarroll was named President of Capitol Records.
“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.”
Hank Forsyth, Co-Founder and Chief Executive Officer of Litmus Music, called Perry’s songs “an essential part of the global cultural fabric,” while Matt Settle,...
The deal covers all five of her studio albums, including 16 multi-platinum singles. Carlyle announced the deal, worth a reported $225 million, today.
According to Carlyle, the partnership company’s partnership with Perry “has its roots in Litmus Co-Founder and Chief Creative Officer Dan McCarroll’s longstanding working relationship” with the singer, which began in 2010 when McCarroll was named President of Capitol Records.
“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.”
Hank Forsyth, Co-Founder and Chief Executive Officer of Litmus Music, called Perry’s songs “an essential part of the global cultural fabric,” while Matt Settle,...
- 9/18/2023
- by Greg Evans
- Deadline Film + TV
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.
Katy Perry Sells Catalog for $225 Million
Scoop Harrison...
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.
Katy Perry Sells Catalog for $225 Million
Scoop Harrison...
- 9/18/2023
- by Scoop Harrison
- Consequence - Music
Keith Urban has sold the master recordings for his wildly successful discography to the music rights company Litmus Music.
A fee was not disclosed, but based on the hundreds of millions that have been spent on music rights in the past few years, one can assume the price tag was high. The sale includes Ubran’s 10 studio albums — including blockbusters like 2002’s Golden Road and 2004’s Be Here — a greatest hits compilation, as well as 24 songs that hit Number One on the Country charts.
Adding to the value of this...
A fee was not disclosed, but based on the hundreds of millions that have been spent on music rights in the past few years, one can assume the price tag was high. The sale includes Ubran’s 10 studio albums — including blockbusters like 2002’s Golden Road and 2004’s Be Here — a greatest hits compilation, as well as 24 songs that hit Number One on the Country charts.
Adding to the value of this...
- 12/13/2022
- by Jon Blistein
- Rollingstone.com
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