Spirit Music has acquired the rights to songs from country artist Jason Aldean for an estimated $100 million. The deal includes 90% of Aldean’s catalog plus “neighboring rights and SoundExchange royalties,” according to Spirit Music, which owns and manages more than 100,000 songs.
The company will oversee the Georgia-born artist’s nine albums, seven of which have been certified Platinum or Multi-Platinum, as well as Aldean’s 24 No. 1 songs, 34 Top 10 songs. Spirit Music now owns everything from the Aldean’s self-titled debut album in 2005, featuring the #1 single “Why”, through to his ninth album, 9which also marked the artist’s sixth consecutive No. 1 album, in 2019.
“Jason Aldean has been a hitmaker and pioneer in country music for nearly two decades,” Frank Rogers, CEO of Spirit Music Nashville, said in a statement. “His recordings helped define the sound of modern country music. Spirit Music Group is thrilled to partner with Jason and we look forward to continuing to champion these important recordings around the world.
Aldean, which remains under contract with BMG Broken Bow, will retain an interest in the agreement; BBR/BMG still retain their share of the catalog rights.
Aldean recently released their 10th album Masonthe first half of a double album titled Macon, Georgiain 2021. The second half, his 11th album, is due out in late April 2022.
Spirit Music’s deal with Aldean is the latest in a long line of catalog acquisitions and a handful of recent national sales, including Travis Tritt and Kenny Chesney.
“It’s cool that a company like Spirit, which has been around for so long, took over my music catalog,” Aldean said in a statement. “It’s something really important to me, so I’m glad it’s being taken care of.”
Photos: Joseph Llanes