Litmus Music Buys American Idol Katy Perry’s Repertoire For $225 Million 2023

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American Idol Katy Perry
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Katy Perry Sells Catalog Rights

American Idol Katy Perry’s music rights have been sold to Litmus Music, the Carlyle-backed business said Monday; numerous sources placed the price at $225 million. American Idol Katy Perry holdings in master recordings and publishing rights for the five albums she released between 2008 and 2020 are included in the deal: “One of the Boys,” “Teenage Dream,” “Prism,” “Witness,” and “Smile.” Universal Music Group is still the owner of the album masters.

American Idol Katy Perry 1
Image Credit: Instagram

Katy Parry Sells Music Rights to Litmus Music

American Idol Katy Perry has paused her career after years as a huge sensation in the 2010s, focusing on residencies in Las Vegas, charitable work, and raising a family with her husband, actor Orlando Bloom.

Litmus was founded in the summer of 2022 and made its first large acquisition the following December, purchasing Keith Urban’s master recording rights.

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“Katy Perry is a creative visionary who has made a significant impact across music, the TV film industry, the Hollywood Industry, and philanthropy,” McCarroll said. I am thrilled to be working with Katy Perry again and to assist Litmus in managing her tremendous repertoire.”

Katy Perry songs are an essential part of the global cultural fabric,” said co-founder and CEO Hank Forsyth. We are delighted to be collaborating again with such a reliable colleague whose honesty shows through in all Katy Perry does.”

“We believe this demonstrates the team’s ability to collaborate with the world’s top artists.” “ American Idol Katy Perry’s iconic songs have not only achieved outstanding commercial success but have also had a significant cultural impact,” said Matt Settle, Managing Director of Carlyle.

Carlyle Global Credit provided cash for this cooperation through its Credit Opportunities strategy, and since 2018, it has deployed more than $3 billion in and around the sports, media, and entertainment areas. Carlyle Global Credit brings the capacity to develop customized finance solutions for partners and artists to the table.

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Biggest Recent Back Catalog By American Idol Katy Perry

Acquirer CompanyArtistDateStakeValuation ReportNumber of Songs  
BMG MusicPaul SimonJune 2023Simon and Garfunkel royaltiesUndisclosedUndisclosed
BMG MusicMotley CrueNovember 2021100%Undisclosed (Est. $150M)Undisclosed
BMG MusicTina TurnerOctober 2021100%Undisclosed (Est. $50M-$80M)Undisclosed
BMG and KKRJohn LegendJanuary 2022Right’s to music from 2004 to 2020UndisclosedUndisclosed
BMG and KKRZZ TopDecember 2021100% of publishing and recorded right’sUndisclosed (Est. $50M)Undisclosed
Concord Music Group, Inc.Phil Collins/GenesisSeptember 2022100% of publishing music rights$310MUndisclosed
HarbourView Equity PartnersDeryck WhibleyAugust 2021100%UndisclosedUndisclosed
HipgnosisJustin BieberJanuary 2023100%$200M290
HipgnosisJustin TimberlakeMay 2022100%Undisclosed (Est. $100M)200
HipgnosisLeonard CohenMarch 2022100%Undisclosed278
HipgnosisKenny ChesneyJanuary 202280% of recorded music royaltiesUndisclosedUndisclosed
HipgnosisJustin TimberlakeMay 2022100%Undisclosed (Est. $100M)200
HipgnosisRed Hot Chili PeppersMay 2021100%$140MUndisclosed
HipgnosisNeil YoungJanuary 202150% of publishing music  rightsUndisclosed (Est. $150M)1180
HipgnosisShakiraJanuary 2021100% publishing music rightsUndisclosed145
HipgnosisChainsmokersAugust 2019100%Undisclosed32
Iconic Artists GroupDavid CrosbyMarch 2021100% of publishing and recorded music rightsUndisclosedUndisclosed
Influencer Media PartnersFutureSeptember 2022Publishing catalog from 2004 to 2020Undisclosed612
Litmus MusicKaty ParrySeptember 2023katy Perry sells catalog rights
Master recordings and publishing  rights for five music albums
$225MUndisclosed
Litmus MusicKeith UrbanDecember 2022100%UndisclosedUndisclosed
BMG and KKRJohn LegendJanuary 2022Rights to music from 2004 to 2020UndisclosedUndisclosed
Round Hill MusicDavid CoverdaleJanuary 2022100%UndisclosedUndisclosed
Warner Chappell MusicDavid BowieJanuary 2022100%Undisclosed (Est. $250M)400+
Sony Music EntertainmentBob DylanJanuary 2022100% of recorded music rights$200MUndisclosed
BMG and KKRZZ TopDecember 2021100% of publishing and recorded music  rightsUndisclosed (Est. $50M)Undisclosed
Sony Music EntertainmentBruce SpringsteenDecember 2021100%$550MUndisclosed
BMGMotley CrueNovember 2021100%Undisclosed (Est. $150M)Undisclosed
BMGTina TurnerOctober 2021100%Undisclosed (Est. $50M-$80M)Undisclosed
HipgnosisJustin TimberlakeMay 2022100%Undisclosed (Est. $100M)200
HipgnosisRed Hot Chili PeppersMay 2021100%$140MUndisclosed
Iconic Artists GroupDavid CrosbyMarch 2021100% of publishing and recorded music rightsUndisclosedUndisclosed
Sony Music PublishingPaul SimonMarch 2021100%UndisclosedUndisclosed
HipgnosisNeil YoungJanuary 202150% of publishing music  rightsUndisclosed (Est. $150M)1,180
HipgnosisShakiraJanuary 2021100% publishing music rightsUndisclosed145
Primary WaveStevie NicksDecember 202080% of publishing music  rights$100MUndisclosed
Universal Music and Publishing GroupBob DylanDecember 2020100% publishing music rightsUndisclosed (Est. $300M)600
HipgnosisChainsmokersAugust 2019100%Undisclosed32

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FAQs: American Idol Katy Perry, Katy Perry sells Catalog Rights

How much did Katy Perry sell her catalog for?

225 million dollars
Singer Katy Perry’s song collection has been sold to Litmus Music Company, a subsidiary of The Carlyle Group, according to Fox Business. The firm said on Monday that the contract would encompass Perry’s five studio albums made for Capitol Records between 2008 and 2020.

What is Katy Perry’s most successful album?

Few albums ever achieve the euphoric triumph that Teenage Dream did. The album was an amazing triumph for Katy Perry at a vital period in her career, with six smash singles, including five that topped the US charts, six million sales worldwide to date, and a slew of award nominations.

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