Entertainment

Japan’s Toho pays $225 million to acquire a 25% stake in the 5th season

Toho, a Japanese studio, has acquired a $225 million share in Fifth Season, an independent U.S. studio that has produced popular shows for Apple TV+ like Severance and Max’s Tokyo Vice. The agreement was revealed on Monday by the new partners, who stated that it will enable Fifth Season to “continue expanding its broad slate…

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Entertainment

Katy Perry sells her music catalog to Litmus for $225 million

Katy Perry’s five studio albums for Capitol Records have been acquired by catalogue rights company Litmus Music, it was announced on Monday. For $225 million, Perry gave the private equity Carlyle-backed company, which was co-founded by the former president of Capitol Records, Dan McCarroll, the rights to her work. The agreement covers Perry’s ownership interests…

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