Katy Perry has sold a bundle of music rights to $500 million-backed Litmus Music.
The deal spans Perry’s five studio albums recorded for Capitol Records, including the Grammy-nominated Teenage Dream.
Litmus now owns the artist’s stake in her master royalty income and her publishing rights to the albums One of the Boys, Teenage Dream, PRISM, Witness and Smile – all released between 2008 and 2020
Universal Music Group continues to own and/or control the master rights to the Capitol albums.
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