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Iconic label Blue Note Records celebrates its 85th anniversary this year. Overseeing the celebration and the label s 70 releases this year is president Don Was. ....
According to multiple reports from both Variety and Billboard, Katy Perry has sold her catalog for a reported $225 million to Litmus Music. Litmus is a music rights company co-founded by former Capitol Records president Dan McCarroll, who shared in a statement: "Katy Perry is a creative visionary who has made a major impact across music, TV, film, and philanthropy. I'm so honored to be partnering with her again and to help Litmus manage her incredible repertoire." The deal includes Perry's stakes in master recordings and publishing rights to her five studio albums released under Capitol Records: "One of the Boys"; Teenage Dream" and "Prism"; "Witness"; and "Smile." Those albums feature Perry's nine No. 1 hits including "Firework," "California Gurls" and "I Kissed a Girl." Litmus co-founder Hank Forsyth continued in a press release: "Katy's songs are an essential part of the glo ....
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, for $225 million. The deal covers the master royalty income and publishing rights for Perry's five studio albums released by Capitol Records, inclu ....