$225M music deal: Katy Perry sells catalog to Litmus Music

Litmus Music is the new owner of Katy Perry’s music. The “Firework” singer sold her catalog to the company founded by former Capitol Records President Dan McCarroll and launched in 2022 for $225 million, Variety reported.

Litmus Music is backed by The Carlyle Group, Deadline reported.

>> Read more trending news

According to the entertainment news site, the deal covered her studio albums, which includes 16 multi-platinum singles.

“Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy. I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire,” McCarroll said in the news release announcing the deal.

Perry and McCarroll worked together when he was named president of Capitol Records in 2010, the company said.

Litmus Music also owns the rights to Keith Urban’s master recordings and benny blanco’s portfolio, which includes “Moves Like Jagger” and “Diamonds.”

On Air97X - Tampa Bay's New Alternative Logo

Join 10 Tampa Bay, Cox Media and Feeding Tampa Bay as we provide Cereal, for Summer.

Check out the latest videos and photos from our 97X Green Rooms in the Achieva Credit Union Sound Stage!

Check out videos from concerts, artist interviews, virtual performances & more!

mobile apps

Everything you love about 97xonline.com and more! Tap on any of the buttons below to download our app.

amazon alexa

Enable our Skill today to listen live at home on your Alexa Devices!