Katy Perry Heads to the Cash Counter By: Bre Blackman

Katy Perry got a little richer this week! Famous American Singer Katy Perry broke headlines this week as she sold her entire music catalog to Litmus Music. According to multiple reports, the deal would include Perry's five studio albums recorded between 2008 and 2020—popular titles from Perry, such as Firework and Dark Horse, total up to 225 million. Litmus tells us that Katy Perry is a creative visionary, and they can't wait to manage her repertoire.

But what does the sale of Katy Perry's catalog truly mean? Is Katy Perry done making music? Katy Perry isn't the only one putting her music and masters up for grabs. Just earlier this year, Justin Bieber sold his back catalog to Hipgnosis for 200 million. Justin had health issues in 2022, which resulted in canceling the rest of his tour, so many just presumed the sale to make some sense. Face paralysis and singing don't tango.

So, what does this sale mean for Katy Perry? Whenever we hear I Kissed A Girl or other Katy Perry titles. Litmus will be earning the royalties instead. The 225 million is an advance payment to Perry. Litmus buying Perry's catalog is an investment they must manage over time, hoping the royalties exceed the initial 225 million paid to Perry.

Perry will likely remain active in the music industry, as she performed at the coronation of King Charles III. At a concert this summer, Perry even teased new music, stating, "Now if you can't love me in my 'Witness' or 'Smile' era, then you can't love me in my 'KP6' era," Let's look at the sale as Perry enjoying the fruits of her labor.