Big Loud Sells Minority Stake in Morgan Wallen Catalog for $200 Million

Big Loud, the Nashville-based record label for country star Morgan Wallen, has sold a minority stake in Wallen’s master recording catalog to Chord Music Partners for approximately $200 million, according to multiple sources. The transaction is described by Big Loud as a strategic investment aimed at expanding the label’s global reach and supporting ongoing artist development. Chord Music Partners, established in 2021 by KKR and Dundee Partners, owns a broad portfolio of music rights, and Universal Music Group recently acquired a significant minority stake in Chord, further linking the companies. The deal covers a substantial portion of Wallen’s first three studio albums, which feature several multi-platinum hits, and comes just ahead of his upcoming album release. The agreement reinforces Big Loud’s relationship with Universal Music Group, which already handles distribution for the label through Mercury Records. This move is expected to benefit both Big Loud and Wallen’s catalog, leveraging Chord and UMG’s global infrastructure to maximize future earnings.