Chord Music Partners × Big Loud
Record label Big Loud sold a minority stake in country star Morgan Wallen's master recording catalog to Chord Music Partners. [57, 61] The deal was reported by sources to be valued at slightly over $200 million. [54] Big Loud stated the sale was part of a strategic investment to expand its global footprint and support long-term artist development. [57]
The asset
A minority stake in the master recording catalog of country artist Morgan Wallen, covering his first three studio albums.
The record
- Seller status
- Going concern
- Sector
- Music publishing
- Modalities
- music, audio
- Jurisdiction
- US
What it means if you hold data
This transaction shows the market's willingness to place high valuations on partial stakes in the catalogs of current superstars, not just legacy artists. It provides a model for independent labels to raise significant capital for expansion by leveraging their most successful assets without a full sale.
Sources
- eisnerlaw.com — https://www.eisnerlaw.com/news-insights/eisner-advises-client-chord-music-partners-in-acquisition-of-morgan-wallens-master-recording-catalog
- americansongwriter.com — https://americansongwriter.com/big-loud-record-label-sells-minority-stake-in-morgan-wallens-recording-catalog-for-200-million/