AAmerican singer Katy Perry sold the rights to her entire music catalog, which includes the five studio albums she released between 2008 and 2020, for $225 million to the company Litmus Music.
The deal, announced on September 15, 2023, is considered one of the most lucrative in music history.
Pear, who began her recording career in 2008, is one of the most successful artists in the world. She has sold more than 16 million albums and 135 million singles worldwide and won five Grammy Awards.
Pear‘s catalog includes hits such as “Roar”, “I Kissed a Girl”, “Firework” and “Dark Horse”. The rights to this catalog will allow Litmus Music to control the distribution, licensing and sale of Pearsongs.
Sales of PearThe catalog comes at a time when music royalties are reaching record prices.
In recent years, several major music stars, including Taylor Swift, Bruce Springsteen and Bob Dylansold their catalogs for sums of several million dollars.
All Katy Perry’s activities
- Katy Perry collections: a line of perfumes, clothing and accessories.
- Katy Perry Beauty: a cosmetics line.
- Katy Perry Home: a line of items for the home.
- Katy Perry Productions: a television and film production company.
- Katy Perry Foundation: a philanthropic foundation that supports women and children.
In addition to these companies, Katy Perry has also participated in a number of sponsorship deals with brands including CoverGirl, Pepsi, H&M and Moschino. According to Forbes magazine, Katy Perry earned more than $600 million during her career.
This figure includes revenue from album sales, touring, sponsorships and other commercial deals.
In 2015, Pear was the highest-earning female artist in the world, earning 135 million.
This figure was largely due to his Prismatic World Tour, which grossed over $200 million worldwide.