Kenny Chesney Sells Catalog to Hipgnosis Song Management

Hipgnosis Tune Administration has acquired 80% of Kenny Chesney’s recorded music royalties, the corporate introduced, masking his discography from his 1994 debut “In My Wildest Goals” via 2017’s “Reside in No Sneakers Nation.” The catalog consists of 22 albums, 15 of that are licensed platinum. The deal is the primary acquisition made by Hipgnosis Tune Administration since its not too long ago introduced partnership with Blackstone to accumulate music rights and handle catalogs.

Phrases of the deal weren’t introduced.

Chesney is among the top-selling nation performers — and one of many top-grossing dwell artists — of the previous 25 years, with greater than 30 million albums bought worldwide. Songs included within the deal are such nation chart-toppers as “The Good Stuff,” “There Goes My Life,” “How Perpetually Feels,” “When

The Solar Goes Down,” “By no means Wished Nothing Extra” and “Summertime.” He has gained Entertainer of the 12 months from the Academy of Nation Music 4 instances every from the Nation Music Affiliation, and has been nominated for six Grammys.

Chesney was represented within the deal by his longtime supervisor Clint Higham at Morris Higham Administration and lawyer Jess Rosen at Greenberg Traurig.

Hipgnosis founder-CEO Merck Mercuriadis mentioned: “Kenny Chesney is among the really nice American artists. He has been bringing pleasure to music followers all around the world for nearly 30 years. His unimaginable success of extra than 30 million data bought together with 9 No. 1 albums on the all-genre Billboard 200 chart and 17 No. 1 albums on Billboard’s Nation chart tells you every little thing it’s good to know. Add in his unparalleled success as a touring artist and the juggernaut that’s No Sneakers Radio, and also you understand Kenny is genuinely a phenomenon. It’s a pleasure and a privilege to welcome Kenny and Clint to the Hipgnosis Songs household and we’re delighted to launch our new Blackstone backed fund with this landmark acquisition.”

Chesney mentioned: “To know that this music has a house that views the work as a collective physique, one thing that builds on itself and captures the center of No Sneakers Nation, was vital to me. How these songs dwell going ahead is essential, and I imagine Merck has the very best pursuits of not simply the recordings however the individuals who love them as his driving curiosity. For the individuals who love these songs and albums, it is a state of affairs that permits the music to develop and replicate who these of us dwelling inside these songs really are.”

Higham added, “Kenny has put his life into amassing the collected physique of labor contained right here, and it’s one thing we have now all taken very severely all through his unprecedented profession. There isn’t a deal that’s extra vital than defending the legacy of those songs.”