News

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

Published

2 years ago

September 19, 2023

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

Iran live updates: Airlines face disruptions that surpass previous Middle East conflicts

Published

10 hours ago

March 3, 2026

Ahron Young

What’s happening in the Middle East?

Trump says U.S. strikes could last four to five weeks and described the operation as the last best chance to act, while Secretary of State Marco Rubio warns the hardest hits are yet to come
Six U.S. service members have been killed, additional American forces are being deployed to the region, and the White House says nine Iranian naval ships have been destroyed
Iran says it sees no limit to its right to self defence and will not negotiate, as missile and drone attacks continue across Israel, Lebanon and Gulf states
More than 500 Iranians have been killed in U.S. and Israeli strikes, with further deaths reported in Lebanon, Israel and the UAE
Shipping, aviation and energy markets have been severely disrupted, more than 11,000 flights have been cancelled, Gulf stock markets have closed temporarily, and oil and gas prices have surged amid Strait of Hormuz fears

News

Oil prices surge amid rising Middle East conflict risks

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Published

10 hours ago

March 3, 2026

Harvey Vargas

Crude oil surges 7% amid fears of Middle East conflict; Strait of Hormuz disruptions may push Brent over $100.

Crude oil prices spiked dramatically as investors react to the growing risk of a wider conflict in the Middle East. U.S. crude surged 7.2 percent, trading near $71.84 a barrel, signalling heightened concern across energy markets.

The Strait of Hormuz, a critical shipping chokepoint, has come under intense scrutiny. Rising war-risk insurance premiums and suspended tanker traffic are already slowing the movement of oil, creating ripple effects in global supply chains.

JPMorgan has warned that prolonged disruptions over three weeks could force Gulf producers to reduce output, potentially pushing Brent crude prices to between $100 and $120 a barrel. Markets are closely watching for developments that could reshape global energy pricing.

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News

Trump warns of last opportunity to hit Iran as conflict escalates

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

Published

10 hours ago

March 3, 2026

Harvey Vargas

Trump declares final chance to strike Iran, aiming to dismantle missile systems and prevent nuclear weapons amid U.S. troop losses.

President Trump has declared this is the final opportunity to strike Iran as conflict intensifies across the Middle East, outlining four key military objectives including dismantling Iran’s missile capabilities and targeting its navy.

The U.S. says its mission is to prevent Iran from acquiring a nuclear weapon and to halt its alleged support for terrorist groups abroad, signalling a potentially prolonged campaign in the region.

Four U.S. troops have already been killed, with officials warning further casualties are possible as operations continue.

#Trump #Iran #MiddleEast

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