Quality Control was sold to HYBE America. Variety reported the deal in early February, relaying its worth to be “$320 million in inventory and money” and figuring out Scooter Braun because the driving pressure behind the merger.
Braun lauded High quality Management co-founders Kevin “Coach Ok” Lee and Pierre “P” Thomas in a press release supplied to Selection.
“I’m so proud and honored to have Coach and P be part of Bang and me as our companions. QC is among the most important unbiased labels on this planet, working with unbelievable artists who’re, and stay to be, the voices of tradition,” Braun stated. “I’ll always remember driving round Atlanta over 20 years in the past with Coach discussing our desires and ambitions and the way we stated, ‘In the event that they allow us to within the recreation, we’re by no means going to present it again.’ Now, all these years later, we’re becoming a member of forces to make these desires a actuality.”
Whereas $320 million is a big indication of how influential High quality Management has change into, its true worth can’t be quantified.
George State Consultant Park Cannon hosted a ceremony on the Georgia State Capitol Constructing yesterday, March 15, to formally acknowledge QC, Coach Ok, and P as “the modern-day blueprint for achievement within the business.” Cannon additional cemented their legacy by making March 15 “QC Day” in Atlanta.
“You will have been chosen to be honored on QC Day as a result of you might have labored diligently at your craft and introduced hundreds of thousands of {dollars} in income together with notoriety to the Metropolis of Atlanta,” Cannon wrote, partly.
The official High quality Management Instagram account posted the total letter:
P posted pictures from the ceremony, displaying Lil Baby was in attendance:
High quality Management rocketed to success with Migos, and its roster has expanded to incorporate such hitmakers as Child, Metropolis Women, and Lil Yachty.