DLA Piper advises Chord Music Partners in acquiring minority stake in Morgan Wallen’s master recording catalog from Big Loud

DLA Piper advised Chord Music Partners, one of the largest independent portfolios of music rights in the world, in its acquisition of a minority stake in Morgan Wallen’s recording catalog from Big Loud, a Nashville record label.

Since its founding in 2013, Big Loud has become one of Nashville’s preeminent record labels, with a roster that includes Wallen and a host of other top-billed country acts. Their catalog includes Wallen’s six-time platinum Dangerous: The Double Album and seven-time platinum One Thing at a Time, as well as his hit singles like “Last Night” and “Whisky Glasses.”

“We are proud to support Chord Music Partners on this notable acquisition, which will bolster the company’s collection of sought-after musical works and expand its global presence,” said Adam Brenner, the DLA Piper partner who led the deal team.

In addition to Brenner (New York), the DLA Piper deal team included partners Jonathan Klein, Jamie Knox, and Drew Young (all in New York), Kurtis Weaver (Boston), and Cassandra Cuellar (Austin); of counsel Andy Adler (New York); and associates Arnold MacEbong (Los Angeles) and Brandon Delano (Houston).

With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for 15 consecutive years, according to Mergermarket, and ranked as a top five most active VC legal advisor in the US and number one in VC, PE and M&A in combined global deal volume according to PitchBook.