Hipgnosis Song Management acquired a catalog of Kenny Chesney.
Acquisition includes 80% of Chesney’s recorded music royalties, spanning his discography since his critically acclaimed 1994 debut In my wildest dreams until 2017 Living in the nation without shoes.
Chesney’s catalog includes 22 albums, 15 of which are certified Platinum – including five multi-Platinum certifications – and 20 are certified Gold. His catalog includes nine No. 1s all genre Billboard 200 albums, 17 #1s Billboard Country Albums and 18 Top 10 Billboard Country albums.
Also included in this acquisition are his future greatest hits, live and/or acoustic albums, as well as Sound Exchange and Neighboring Rights royalties for every album in Chesney’s catalog, including two additional #1 albums: those from 2018. songs for saints and 2020s Here and now. This deal signals an ongoing relationship with the star.
Chesney has been one of the most prolific voices in country music over the past two decades. He has sold more than 30 million albums worldwide, with 34 domestic No. 1 records. The eight-time Entertainer of the Year is a country music artist, songwriter, entrepreneur and steward. much appreciated.
This is Hipgnosis Song Management’s first acquisition since its recently announced partnership with Blackstone to acquire music rights and manage catalogs.
“Knowing that this music has a house that sees work as a collective body, something that builds on itself and captures the heart of No Shoes Nation, was important to me,” Chesney shares. “How these songs live on in the future is critical, and I believe Merck [Mercuriadis, Founder of Hipgnosis Song Management] is interested not only in recordings, but also in the people who love them. For people who love those songs and albums, it’s a storyline that allows the music to grow and reflect who those of us who live inside those songs really are.
Chesney was represented in the deal by his longtime manager Clint Higham at Morris Higham Management and lawyer Jess Rosen in Greenberg Traurig.
“Kenny Chesney is one of America’s greatest artists. He’s been bringing joy to music fans around the world for nearly 30 years,” Mercuriadis says. “His incredible success of over 30 million records sold including nine albums #1 on all-genre Billboard 200 charts and 17 #1 albums on BillboardThe country chart of tells you everything you need to know. Add to that his unparalleled success as a touring artist and the juggernaut that is No Shoes Radio, and you realize Kenny is truly a phenomenon. It is a pleasure and a privilege to welcome Kenny and Clint to the Hipgnosis Songs family and we are delighted to launch our new Blackstone-backed fund with this historic acquisition.
Higham adds, “Kenny has dedicated his life to amassing the body of work contained here, and it’s something we’ve all taken very seriously throughout his unprecedented career. There is no deal more important than protecting the legacy of these songs. In working with Merck and his team to close this deal, we found people who are as serious about recordings as we are, and it suggests there is an incredible future for Kenny’s recorded music thanks to the Hipgnosis team.