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.

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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.

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Pretty good

Wow that's way more then I would have expected

What's the story on all these random companies that have crazy money to buy up artist catalogs?

One of the boys and teenage dream doing all the heavy lifting here

August 4, 2022

Hank Forsyth, Dan McCarroll Launch Litmus Music With $500 Million Funding Commitment From Carlyle Global Credit

Inb4 Ktt users with $90 in their bank account say it’s a bad deal

all of this owning your masters stuff amounts to nothing if at the end of the day youre big enough to just cash your chips in

Its an investment. Catalogs are companies pretty much. People usually create companies to sell them later to someone

Damn @Brave @FREE

W for her

career was dead anyways

W

Crazy how this Russel Brand ex

I kinda feel you but owning your masters lets a lot of artists eat good who DONT get that big. Like sir mix a lot was eating good off that ONE song cus he owned his

‘Teenage Dream’ tied Michael’s ‘Bad’ for 5 number 1 songs on a single album

I say well damn

I was thinking after my comment that to get control of your masters is also a big deal. there are very very few people who can afford deals like these for sure

Another win for AI

so what does this mean for her? can she perform the songs or what? does she get any money out of this when the songs are streamed or nah?

idunno all this stuff apologies

How much yall think KTT worth

that's actually insane

0.2 cents

PRISM.

yea i’m not gon say this is a bad deal or anything but i think about how absolutely monstrously huge Katy was in the late 2000s/early 2010s and how inescapable California Girls and Dark Horse were and this number doesn’t feel quite right idk

What number feels right to you? Lol

Eh no one plays dark horse or roar anymore