Pop music: US singer Katy Perry sells music rights

pop music
US singer Katy Perry sells music rights

Katy Perry is selling the rights to her five hit albums for a lot of money. photo

© Chris Jackson/Getty Images Pool via AP/dpa

The pop superstar is parting with his rights to five albums. A purchase price is not disclosed, but the estimated value of the deal is significant.

US pop star Katy Perry (38, “Teenage Dream”) has sold the rights to her hit albums to the company Litmus Music. The deal includes the rights to their five albums “One of the Boys,” “Teenage Dream,” “PRISM,” “Witness” and “Smile” from 2008 to 2020, the company said. Litmus CEO Dan McCarroll described Perry in a statement as a “creative visionary” with a major influence in areas such as music, television, film and philanthropy.

Litmus Music did not provide any financial details. Several US media outlets reported that the value of the deal was estimated at around $225 million.

The California native has been one of the top earners in pop for many years. With hits like “California Gurls” and “Firework” she became a pop superstar.

Perry has been with Hollywood star Orlando Bloom (46) since 2016. Their daughter Daisy Dove was born in August 2020 – shortly before the singer released her album “Smile”. Perry is also active as a Unicef ​​ambassador for the children’s aid organization.

Press release

dpa

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