country
MUSIC PEOPLE
NEWS
FEBRUARY 2022 Volume 53 Number 2 Issue 624
Editor Duncan Warwick
Contributors David Allan , Janet Aspley , Donnie Ayers , Craig Baguley , Tony Byworth , Larry Delaney , Don Cusic , Julie Flaskett , Michael Hingston , Stan Hitchcock , Tony Ives , Spencer Leigh , John Lomax III , Maxim Mower , Adrian Peel , Paul Riley , Alex Rossi , Chris Smith , Tom Travis , Walt Trott , Jack Watkins New release consultant : Steve Tidbury
Assistant editor Kelly Gregory
KENNY CHESNEY CASHES IN ON CATALOGUE
Photographers Patricia Presley , Barry Dixon
Advertising Kelly Gregory - kelly . cmpcountry @ gmail . com
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Country superstar Kenny Chesney has become the latest in a growing list of artists to sell the royalty rights to his catalogue . Variety reports that he has sold 80 percent of his catalogue to Hipgnosis Song Management in a deal that includes 22 albums starting with his 1994 album In My Wildest Dreams through to 2017 ’ s Live In No Shoes Nation and 32 # 1 hits including How Forever Feels , The Good Stuff , When the Sun Goes Down , and many more .
Hipgnosis founder-CEO Merck Mercuriadis called Chesney “ one of the truly great American artists ” in a statement , continuing , “ 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 .”
Chesney stated , “ 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 financial terms of the deal are undisclosed but the amount will have been considerable . Bruce Springsteen received $ 550 million for the recent sale of his catalogue .
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