Katy Perry Sells Music Catalog for $225M, Surpassing Justin Bieber's Record
Katy Perry has sold her music catalog, including the masters and publishing rights, for a reported $225 million. The deal covers the five albums she released between 2008 and 2020: "One of the Boys," "Teenage Dream," "Prism," "Witness," and "Smile." Litmus Music, a music rights company, acquired the rights to Katy Perry's catalog. This sale surpasses Justin Bieber's $200 million sale earlier this year. The transaction adds to the growing trend of artists monetizing their back catalogs.
#Katy Perry#One of the Boys#Teenage Dream#Prism#Witness#Smile#Litmus Music#Justin Bieber