Katy Perry Sells Catalog Rights to Litmus Music for $225 Million

[Black smoke and cac jokes]

It’s worth more to a company who owns a lot of music.
If an advertiser or media company wants to use music in their product or to sell their product they don’t want to have to establish a relationship with Katy Perry they’ll go somewhere that can offer a variety of music for whatever they want to do with it.

I was referring to the people that was commenting on the price. I bet her music will be worth more than a billion when it is all said and done.

 

[REAL6]

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[Devil Plisken…CMS]

From a music business standpoint, that amount is staggering. Coach K and P sold the whole QC label for $300M, with acts such as Migos, Lil Baby, City Girls, and more. Katy Perry got 75 percent of that amount for just HER catalog.

Obvisously she's had more trendy pop hits, but it really makes me wonder what type of lasting power black music has in todays world

Surely you’re not comparing a pop behemoth to them

 

[itsyoung!!]

She better flip that $225M, fukking peak Coli

@ORDER_66 is bar none the absolute worst poster on this site

No joke, he might be actually autistic. Dude always in every financial thread, but is broke

 

[Knucklehead]

I was referring to the people that was commenting on the price. I bet her music will be worth more than a billion when it is all said and done.

No one has any idea what any of this is gonna be worth in the future. It’s a conversation being had constantly at every level of the music industry without anything even remotely close to a consensus.
My point was that if Katy Perry and her team were only able to monetize her catalog rights for say 100 million but the conglomerate who purchased it can get it up to a billion with their vast client network she has come out way ahead because it wasn’t “worth” a billion in her hands and no one would have ever paid her that.

 

[Bruce Wayne]

Gun to my head...I cannot name any katy perry songs...

All I know is the 1 with Snoop Dogg.

 

[Elim Garak]

Those come with nudes or no

 

[Amo Husserl]

it really makes me wonder what type of lasting power black music has in todays world

 

[The Eliminator]

Getting all her royalties upfront
Plus she can still cake off touring
Win-win

 

[mr.africa]

Da fukk was happening here or is this a skit or something?

 

[ORDER_66]

Da fukk was happening here or is this a skit or something?

Eyelashes probably

 

[Artificial Intelligence]

 

[Damnshow]

One of the most overrated artists. That's a pretty damn good money for a no talent singer.

Wasn't she married to that alt-right rapist antivax goofball russell brand? That's two wins I guess. Getting a damn near quarter of bil and watching her ex-husband getting dragged to court.

 

[Artificial Intelligence]

One of the most overrated artists. That's a pretty damn good money for a no talent singer.

Wasn't she married to that alt-right rapist antivax goofball russell brand? That's two wins I guess. Getting a damn near quarter of bil and watching her ex-husband getting dragged to court.

She sold her shyt just in time

 

[Squirrel from Meteor Man]

I never believe any of these announcements when they happen, white artist, black artist or otherwise.

I believe these deals are set up where the artist does get a big guarantee amount (a fraction of what the reported amount is), and the rest of the money is probably contingent on other triggers in the contract (i.e. hitting a certain amount of streams, etc). Either that, or these deals aren’t nearly for the amount of that they say they’re for.

The articles all read like some big publicity press release; there’s never any real research in them which leads me to believe it’s BS.