{"id":549679,"date":"2023-02-09T09:14:06","date_gmt":"2023-02-09T06:14:06","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/south-koreas-hybe-acquires-atlanta-hip-hop-label-quality-control\/"},"modified":"2023-02-09T09:14:06","modified_gmt":"2023-02-09T06:14:06","slug":"south-koreas-hybe-acquires-atlanta-hip-hop-label-quality-control","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/south-koreas-hybe-acquires-atlanta-hip-hop-label-quality-control\/","title":{"rendered":"#South Korea\u2019s Hybe Acquires Atlanta Hip-Hop Label Quality Control"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40f0fc91bc8\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40f0fc91bc8\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/south-koreas-hybe-acquires-atlanta-hip-hop-label-quality-control\/#South_Koreas_Hybe_Acquires_Atlanta_Hip-Hop_Label_Quality_Control\" >South Korea\u2019s Hybe Acquires Atlanta Hip-Hop Label Quality Control<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"South_Koreas_Hybe_Acquires_Atlanta_Hip-Hop_Label_Quality_Control\"><\/span>South Korea\u2019s Hybe Acquires Atlanta Hip-Hop Label Quality Control<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    South Korean music giant Hybe has acquired Atlanta-based QC <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Media<\/a> Holdings, the parent company of influential hip-hop label Quality Control Music, home to Migos, Lil Yachty and Lil Baby.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dart.fss.or.kr\/dsaf001\/main.do?rcpNo=20230209800220\">According to a filing with Korean regulators<\/a>, the deal is worth <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $300 million, with Hybe paying a $250 million purchase price for QC, and issuing $50 million in new stock to QC\u2019s founders Kevin \u201cCoach K\u201d Lee and Pierre \u201cP\u201d Thomas.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    Established in 2005, and known as Big Hit Entertainment until 2021, Hybe is a multinational music talent agency, label, promoter, event management and production company. The company is home to K-pop phenomenons BTS, Tomorrow X Together and Lee Hyun. <\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    The deal comes as Hybe increasingly looks beyond K-pop and the Asian market for growth and is the first big acquisition under Hybe America CEO Scooter Braun and gives the company control over one of the fastest-growing and most culturally relevant independent labels in the U.S.<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    Hybe America will now oversee the Quality Control label, with Thomas and Lee remaining in charge, under the direction of Braun. Hybe America also includes SB Projects (clients include Justin Bieber, Ariana Grande, Demi Lovato and Kid Laroi) and Big Machine Label Group (roster includes Tim McGraw, Thomas Rhett and Rascal Flatts).<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    \u201cBased on hip-hop, QC has been making a strong presence in the American music scene,\u201d Hybe CEO Jiwon Park said in a statement. \u201cWith our shared vision, I have high hopes in what we can operate and achieve together.\u201d<\/p>\n<p class=\"paragraph larva \/\/  a-font-body-m     \">\n    \u201cP and I are ecstatic about this partnership with Scooter and HYBE and are confident they can get us to our global ambitions we\u2019ve had in our scope since the beginning of the company as nothing means more than our artists impacting worldwide,\u201d Lee added in a statement. \u201cOver many years, Scooter and I have cultivated real trust and a common way of looking at the world and culture.\u201d<\/p>\n<\/p><\/div>\n<p><script type=\"text\/plain\" class=\"optanon-category-C0004\">\n!function(f, b, e, v, n, t, s) {\nif (f.fbq) return;\nn = f.fbq = function() {n.callMethod ? n.callMethod.apply(n, arguments) : n.queue.push(arguments);};\nif (!f._fbq) f._fbq = n;\nn.push = n;\nn.loaded = !0;\nn.version = '2.0';\nn.queue = [];\nt = b.createElement(e);\nt.async = !0;\nt.src = v;\ns = b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t, s);\n}(window, document, 'script', 'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\nfbq('init', '352999048212581');\nfbq('track', 'PageView');\n<\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more Like this articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/social-media\/\" target=\"_blank\" rel=\"noopener\">Social Media category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.hollywoodreporter.com\/news\/music-news\/hybe-acquires-atlanta-hip-hop-label-quality-control-1235321228\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea\u2019s Hybe Acquires Atlanta Hip-Hop Label Quality Control South Korean music giant Hybe has acquired Atlanta-based QC Media Holdings, the parent company of influential hip-hop label Quality Control Music, home to Migos, Lil Yachty and Lil Baby. According to a filing with Korean regulators, the deal is worth approximately $300 million, with Hybe paying&#8230;<\/p>\n","protected":false},"author":1,"featured_media":549680,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2023\/02\/QC.jpg?w=1024","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[25196,139621,139622,124783,68157],"class_list":["post-549679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-asia","tag-hybe","tag-hybe-america","tag-international","tag-scooter-braun"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=549679"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/549680"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=549679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=549679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=549679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}