Litmus Music acquires Katy Perry’s music catalog for reported $225M

Litmus Music, the music rights business backed by D.C. private equity firm The Carlyle Group Inc. (NASDAQ: CG), said Monday it has reached a deal to acquire the rights to Katy Perry’s five studio albums.

Terms of the deal were not disclosed, but multiple reports say Perry is receiving $225 million for the rights to her Capitol Records albums: 2008’s “One of the Boys,” 2010’s “Teenage Dream,” 2013’s “Prism,” 2017’s “Witness” and 2020’s “Smile.” Universal Music Group…

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