Lorde Signs a Publishing Deal for Millions

(Photo Credit: Mike Lawrie/WireImage/Getty Images)

Lorde, who has been named one of the "Most Influential Teens," just signed a major recording deal that could be worth millions.

The deal was signed on the singer's 17th birthday.

Lorde, born Ella Yelich-O'Connor, signed with the boutique label Songs Music Publishing Inc., the Wall Street Journal reports. Lorde has co-written most of the songs that appear on her debut album "Pure Heroine" and even though exact terms were not released, other publishers said bids reached $4 million.

Matt Pincus, founder and CEO of Songs, told the Journal that their bid was in fact "competitive."

Read: Lorde: 5 Things About Singer

Lorde's single "Royals" has topped the US Billboard singles charts for seven weeks and while the song is an anthem against everything flashy, the singer is embracing her own new-found pop star status.

"I didn't expect to be in this world but I think it's kind of cool," Lorde told The Telegraph . "For a long time pop has been this laughable, shameful thing."

The singer also fights back at critics of the pop music genre in the interview.

"But it's actually gratifying and fun and can unite populations, which I think is incredibly powerful. So hopefully I am showing that pop can be taken seriously."

Lorde was recently named one of Time Magazine's 16 Most Influential Teens.

While Lorde may be embracing the pop music world she is still doing it on her own terms. She turned down an opportunity to tour with Katy Perry because it "didn't feel right," Time reports.