News

Katy Perry sells album rights to Litmus Music for $225M

Published

8 months ago

September 19, 2023

ticker NEWS

Pop sensation Katy Perry has made a strategic move in her illustrious music career by selling the rights to five of her iconic albums to Litmus Music, in a deal worth a staggering $225 million.

The move signals a significant shift in the music industry’s dynamics and could pave the way for other artists to explore similar opportunities.

Perry, known for chart-toppers like “Teenage Dream” and “Firework,” has been a household name in the music world for over a decade. With this deal, she joins a growing list of artists who have opted to monetize their music catalogs in an evolving industry landscape.

Litmus Music, a heavyweight in the music investment sector, is set to gain access to Perry’s extensive catalog, which includes hit albums like “One of the Boys” and “Prism.” This acquisition not only secures them rights to her music but also opens up new avenues for remixes, licensing, and collaborations with other artists.

The $225 million deal underscores the increasing value of music catalogs in today’s digital age, where streaming platforms have become the primary mode of music consumption. As artists explore innovative ways to capitalize on their work, investment firms like Litmus Music are strategically positioning themselves to acquire and profit from these assets.

With this move, Katy Perry retains her position as a music industry icon while also securing substantial financial resources for future endeavors. It also prompts the question: Are we witnessing a paradigm shift in how artists manage their music legacies?

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

1 day ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

1 day ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

2 days ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending