Katy Perry’s new contract prevents her from releasing new songs for the next two years, really? (Video)

Katy Perry is a global superstar, known just as much for her quirky and effervescent style as her legacy of pop hits.

But the California-born performer has also made money in other ways, such as her TV work as the lead judge on American Idol since its 16th season, and her voice-acting in the Smurfs film franchise.

Join HELLO! as we look into exactly how much all the “Dark Horse” singer’s work has made her over the years…

It was announced early on Monday, September 18, that Katy had sold the rights to her masters recording royalties and music publishing to Litmus Music, backed by the Carlyle Group, for a reported $225 million.

The jaw-dropping deal represents a huge acquisition, spanning the singer’s back catalog of 16 multi-platinum singles, three multi-platinum albums, and some of the best-selling digital songs of all time.

Litmus co-founder and CCO Dan McCarroll released a statement about the deal, possessing a close professional relationship with Katy as the former President of Capitol Records.

“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.”

While it is unclear how much her deal will affect her personal net worth, Katy is estimated to own a fortune of around $330 million, according to celebritynetworth.com.

And as one of the best-selling music artists of all time, the “California Gurls” hitmaker’s net worth should come as no surprise to anyone, from dedicated Katy-cats to even her more casual listeners.

In Forbes’ most recent profile, the proud mom is reported to be making around $38.5 million per year from her various ventures which include her music, her time as lead judge on American Idol, her Las Vegas residency, and other things such as ad campaigns and promotions.

Katy reportedly makes around $25 million per season of American Idol, more than both her co-stars Lionel Richie and Luke Bryan’s reported salaries combined.

While there is no exact reason for the difference between her salary and that of the other judges, it is likely down to the 38-year-old’s massive popularity.

Follow us to see more useful information, as well as to give us more motivation to update more useful information for you.

Related Posts

Nicki refused to go on stage to receive the award for the ‘Pink Friday’ album due to this humorous reason (Video)

Nicki Minaj appears to have addressed Wack 100 saying that her latest album, Pink Friday 2, hasn’t been as big as people and media are making it…

Nicki revealed the huge amount of money that Bia spent to invite her to collaborate on the rap ‘Whole Lotta Money (Video)

Nicki Minaj, the rap superstar and cultural phenomenon, has teamed up with BIA, the rising rapper and singer, for a remix of BIA’s hit song “Whole Lotta…

Nicki and Beyonce caused a storm when they collaborated but lost points due to this strange detail in the MV (Video)

I think we can all agree that one of the best days of our collective lives was when Nicki Minaj and Beyoncé dropped the “Feeling Myself” music…

Why does Nicki consistently refuse to mention her husband Kenneth Petty’s past in press interviews? (Video)

The rapper reflects on how she and her husband handled their son’s infancy together as a team. In a rare, intimate interview for Vogue’s December issue cover…

Nicki sparked outrage when she refused to perform her most beloved hit on stage, why? (Video)

Nicki Minaj stopped performing halfway through her 2012 hit “Starships” during a New Year’s Eve celebration at E11EVEN in Miami on Sunday. In a TikTok video, which…

Nicki decided to have a breast reduction just to wear this dress, really? (Video)

Nicki Minaj revealed that her outfit at the 2022 Met Gala convinced her to get a breast reduction. While looking at a photo of the ensemble during…