Automatic Chord Recognition (ACR) is constrained by the scarcity of aligned chord labels, as well-aligned annotations are costly to acquire. At the same time, open-weight pre-trained models are more accessible than their proprietary training data. In this work, we present a two-stage training pipeline that leverages pre-trained models together with unlabeled audio. The proposed method decouples training into two stages. In the first stage, we use a pre-trained BTC model as a teacher to generate pseudo-labels for over 1,000 hours of diverse unlabeled audio and train a student model solely on these pseudo-labels. In the second stage, the student is continually trained on ground-truth labels as they become available. To prevent catastrophic forgetting of the representations learned in the first stage, we apply selective knowledge distillation (KD) from the teacher as a regularizer. In our experiments, two models (BTC, 2E1D) were used as students. In Stage 1, using only pseudo-labels, the BTC student achieves about 99% of the teacher's performance, while the 2E1D model achieves about 97% across seven standard mir_eval metrics. After a single training run for both students in Stage 2, the resulting BTC student model consistently surpasses both the traditional supervised learning baseline and the original pre-trained teacher model across all metrics. The resulting 2E1D student model also outperforms the supervised baseline and approaches teacher-level performance, with both models demonstrating significant gains on rare chord qualities.

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