Katy Perry has broken the records of Justin Bieber as she sold her music catalogue for $225 million. No doubt Katy Perry has some amazing tracks and albums that have ruled the hearts of her fans. As such Perry sold out her music catalogue recently. She got $225 million for it.
Read ahead to know more about Katy Perry sold out her music catalogue for $225 million.
Katy Perry sold out her music catalogue
Music artists earn lots of money and reputation from their music albums. As some of them become hit enough to rule the hearts of all for decades. However, some of the music artists even sell their music catalogue later and earn millions of dollars out of it.
Katy Perry sells her entire music catalog for $225 million 💰🤯 pic.twitter.com/HbIT3y0xmq— Daily Loud (@DailyLoud) September 19, 2023
Recently too, we had Katy Perry doing something similar. She sold out her music catalogue for $225 million. It was to Litmus Music that the singer sold her music catalogue. Under the deal, she has sold her stake in master recordings along with publishing rights to all five of her studio albums that were released under Capitol Records.
More about the sold-out music catalogue of Katy Perry
The sold-out music catalogue of Katy Perry includes albums from 2008’s One Of The Boys to 2020’s Smile. It specifically includes Fireworks, Teenage Dream, Hot n Cold, California Gurls, and I Kissed A Girl”.
Even before Katy Perry, other music artists like Justin Bieber, Bruce Springsteen and Bob Dylan have sold out their music catalogues for millions of dollars. However, with the recent deal between Litmus Music and Katy Perry, it looks like the singer has beaten the records of Justin Bieber too.
Litmus Music, a music rights business backed by our Global Credit platform, announced a creative partnership with @katyperry, covering all five of her studio albums, including 16 multi-platinum singles, highlighting Litmus' artist-focused approach. More: https://t.co/XXMm79WGcnpic.twitter.com/Q92jYUXiy5— The Carlyle Group (@OneCarlyle) September 18, 2023Advertisement
Justin Bieber’s music catalogue sold out for $200 million
As per the reports of BBC, popular singer Justin Bieber has sold out his music catalogue too. The “I’m Sorry” singer at the age of 28 sold out his all music released before 2022 for $200 million. The rights to his songs were given to Hipgnosis Songs Capital based in the UK.
Now Katy Perry is the one who has got an even better deal with Litmus Music for her music catalogue. Not to miss, Roar and Dark Horse are two of the songs by Perry that have a billion streams on Spotify. On YouTube, too Roar has been among the most watched videos of all time.
- Also read: Adin Ross Teases Upcoming Interview with Kim Jong Un, Hints at Questions About LGBT Community