Katy Perry sells her musical catalog for $225 million. LOS40

Katy Perry has become one of the latest global stars to take this step. And we’re not talking about walking down the aisle or parachuting. California artists He has sold songs from five of his studio albums. Whose price is more than 225 million dollars.

Agreement between the interpreter and the company Litmus Music via Capitol Records It contains all of the artist’s studio projects from 2008 to 2020. Universal Music will continue to own the original recording studio masters from the last 5 years.

One of the Boys (2008), Teenage Dream (2010), Prism (2013), Witness (2017) and ‘Smile’ (2020) These include all the songs that catapulted Katy Perry to the Olympus of international music stars thanks to songs like these Roar, I Kissed a Girl, Fireworks…

“I am so honored to partner with him again and help Litmus manage his incredible repertoire. (..) He is a creative visionary who has had an enormous impact on music, television, film, and philanthropy.” “Dan McCarroll said in a statement. ,

With a new record project just around the corner, Katy Perry hands over the rights to her songs in exchange for a large sum of money for commercial exploitation. Look more towards the future than the past and other artists like Dr. Dre, Justin Bieber, Pink Floyd, Phil Collins, Bruce Springsteen, Michael Jackson have already followed suit.

A new musical era that will end several years of recording silence: “I haven’t released any new material since My Dear Daisy. I feel like I’ve been writing a lot and I’ve written a lot from a place About love because I feel it so much, so much unconditional love, love like you’ll never know” Katy Perry explained.

There are a number of companies that have acquired several significant catalogs, including David Bowie, stevie nicks, paul simon, red Hot Chili Peppers, pink Floyd one of two Shakira, among many others. A straightforward way to gain immediate profitability from something that would be more complex for successors is to sell the product in the past, but not in the present or future.