Atlanta Base Hip Hop Label QC Sells For $300 Million To A Korean Company

Scooter once known primarily as Justin Beiber’s manager, is now firmly in the rap world — his company dropped 9 figures to purchase Quality Control music label … home of Migos.

S.B.’s HYBE America announced the huge purchase Wednesday, and the price is reportedly in the ballpark of $300 million. Some of the label’s other heavy hitters include Lil Baby and City Girls.

Scooter, who also manages Ariana Grande and Demi Lovato, told NY Times QC is one of the “most significant labels in the world,” adding it doesn’t stop at music … “they also distribute culture. Their artists are the voices of their communities.”

This marks the first huge leap the manager’s made since taking the reigns as sole chief exec of HYBE America last month. FYI, the company’s a division of Hybe, a South Korean entertainment firm that manages huge names like BTS.

Leave a Reply

Your email address will not be published. Required fields are marked *