Katy Perry sells her catalog for $225M!

Litmus has announced that it has acquired singer Katy Perry’s music catalog for a whopping US$225 million.

Katy Perry has sold her music rights for $225 million. The deal includes Perry’s stakes in master recordings and publishing rights for the five albums she released between 2008 and 2020: “One of the Boys,” “Teenage Dream”, “Prism,” “Witness” and “Smile.” https://t.co/zdR0TcB3zH

— Variety (@Variety) September 18, 2023

The sale includes masters of the star’s five albums released between 2008 and 2020.

With this spectacular transaction, Katy Perry joins a wave of major artist music catalog deals completed over the past two years, including Justin Bieber’s catalog ($200 million), Dr. Dre’s catalog ($200 million) and Phil Collins’ catalog for ($300 million).

Several other artists also sold their catalogs for an unknown amount, including Justin Timberlake, Sum 41, Avicii Leonard Cohen, Sting, Future, Sarah McLachlan and Keith Urban.

Perry’s meteoric rise to superstardom began with his debut album, One of the Boys, released in 2008. The album included the hits I Kissed a Girl and Hot n Cold.

Katy Perry has released several successful albums, including Teenage Dream (2010), which produced several number ones, Prism (2013), Witness (2017) and Smile (2020).