Quality Control Music has been sold to Hybe for 300 Million.
The deal was worth $300 million in cash and stock. According to HYBE regulatory filings, the company paid $250 million in cash and issued a total of $50 million in stock to Quality Control’s two co-founders, CEO Kevin “Coach K” Lee and COO Pierre “P” Thomas.
HYBE Acquires Quality Control, Making Major Move Into Hip-Hop
The label that developed Migos, Lil Baby and others will now fall under HYBE America and the leadership of CEO Scooter Braun.
Wow the label home of the Migos has been acquired. Content sells.
Congrats!! @QualityControlMusics @QualityControlVEVO
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품질 관리 음반사, 한국 음악 회사 HYBE에 3억 달러에 매각
pumjil gwanli eumbansa, hangug eum-ag hoesa HYBEe 3eog dalleoe maegag
#southkorea #skorea #southkoreabands #southkoreanartist
