Katy Perry has sold her music rights to Litmus Music, a venture co-founded by Capitol Records president Dan McCarroll and financed by The Carlyle Group. The deal covers all five of her studio album…
“Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy,” McCarroll said in a statement. “I’m so honored to be partnering with her again and to help Litmus manage her incredible repertoire.”
Hank Forsyth, Co-Founder and Chief Executive Officer of Litmus Music, called Perry’s songs “an essential part of the global cultural fabric,” while Matt Settle, Managing Director at Carlyle, said, “We are so grateful to be working together again with such a trusted partner whose integrity shines in everything that she does.”
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