Kenny Chesney Sells 80% Of His Music Catalog

Kenny Chesney has earned over a dozen platinum albums and more 30 #1 singles throughout his career and now the country singer is cashing in.

According to Variety, Chesney sold the rights to his music to Hipgnosis Song Management, who acquired 80% of his catalog.

The catalog includes 22 albums, from his 1994 debut “In My Wildest Dreams” through 2017’s “Live in No Shoes Nation.”

Hipgnosis founder-CEO Merck Mercuriadis said: “Kenny Chesney is one of the truly great American artists. He has been bringing joy to music fans all over the world for almost 30 years. His incredible success of more than 30 million records sold including nine No. 1 albums on the all-genre Billboard 200 chart and 17 No. 1 albums on Billboard’s Country chart tells you everything you need to know. Add in his unparalleled success as a touring artist and the juggernaut that is No Shoes Radio, and you realize Kenny is genuinely a phenomenon. It’s 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 landmark acquisition.”

Chesney said: “To know that this music has a home that views the work as a collective body, something that builds on itself and captures the heart of No Shoes Nation, was important to me. How these songs live going forward is critical, and I believe Merck has the best interests of not just the recordings but the people who love them as his driving interest. For the people who love these songs and albums, this is a scenario that allows the music to grow and reflect who those of us living inside these songs truly are.”

The sales price was not disclosed but the “No Shoes Nation” founder follows in the footsteps of Bruce Springsteen, who sold his catalog last year for $590 MILLION and fellow country singer Blake Shelton, who quietly sold the rights to his catalog in 2021 for $50 million.