Katy Perry sold her music collection to Litmus Music. The Carlyle Group LP-backed catalog rights business paid $225
million for the Roar singer's five albums from 2008 through 2020. These albums include One of the Boy
PRISM, Witness, Smile, and Grammy-nominated Teenage Dream.
Perry sold her collection earlier this year, after Justin Bieber's $200-million Hipgnosis Songs Capital transaction.
The American Idol judge has nine No. 1s on the Billboard Hot 100, including the first woman to have five songs from the same album top the chart. She debuted in 2008.
Dan McCarroll, Litmus' co-founder and chief creative officer, called Perry a “creative visionary” who had a tremendous impact on music, TV, film, and philanthropy
"I'm so honored to be partnering with her again and to help Litmus manage her incredible repertoire," he continued. "I'm so excited to be working with her."
Matt Settle, managing director of Carlyle, issued a statement in which he echoed similar thoughts and expressed confidence in the capacity of the corporation to collaborate with "world's top artists."