Katy Perry is the latest music star to sell the rights to her music, inking a massive deal for all five of her major label studio albums released to date.

Singer Katy Perry is the latest music star to sell the rights to her music, inking a massive deal for all five of her major label studio albums released to date.

Billboard reports that Perry has sold the rights to the five albums she released between 2008 and 2020 to Carlyle-backed Litmus Music. The outlet reports that the deal is valued at $US225m, or $AU350m.

The albums were released via Capitol Records, whose former president Dan McCarroll is the co-founder of the music rights company.

The albums One of the Boys, Teenage Dream, PRISM, Witness and Smile are included in the deal, home to a multitude of smash hits which Litmus is now free to licence for money to recoup on their massive investment.

Perry’s first album, a little-heard 2001 Christian rock record released under her real name of Katy Hudson, is not included in the deal.

In a statement, McCarroll said: “Katy Perry is a creative visionary. I’m honoured to be partnering with her to help Litmus manage her incredible repertoire.”

Perry joins a growing number of music stars selling the rights to their back catalogues for eye-watering amounts.

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