The pop star joins a long list of artists who have sold their catalogs in recent times, such as Bob Dylan, Neil Young, Shakira and Paul Simon, among others.
The pop star Katy Perry sold the rights to his work, which includes the five albums he released between 2008 and 2020, for $225 million to the company LitmusMusicwhich despite being only a year old had already acquired the rights to the master recordings of Keith Urban.
This was reported by the company itself, which clarified that the agreement includes Perry’s participation in the respective master tapes and the publishing rights, although Universal Music Groupthe record label that originally released these albums, will continue to own the masters.
Katy Perry joins other artists in selling her music catalog
The rights sold cover the albums “One of the Boys”, “Teenage Dream”, “Prism”, “Witness” and “Smile”.
“Katy Perry is a creative visionary who has had a huge impact on music, television, film and philanthropy. It is a great honor for me to collaborate with her again and help Litmus handle her incredible repertoire,” said the former president of Capitol Records. Dan McCarrollco-founder of Litmus Music.
“Katy’s songs are an essential part of the global cultural fabric. “We are very grateful to be working together again with such a reliable partner whose integrity shines in everything he does,” she said, for her partner. Hank Forsyth.
In this way, the pop star joins a long list of artists who have sold their catalogs in recent times, such as the case of Bob Dylan, Neil Young, Shakira and Paul SimonAmong many.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
