HYBE Makes Historic Key Acquisition, Merging with QC Media Holdings, Inc., Parent Company of Pierre “P” Thomas and Kevin “Coach K” Lee, Advances HYBE’s Ambition to Become a Global Entertainment Leader

• HYBE Signs Historic Agreement With QC Media Holdings, Inc., Parent Company of Pierre “P” Thomas and Kevin “Coach K” Lee’s Music, Sports and Video Empire (“QC”), Significantly Increases Its Music Footprint landscape while diversifying the company’s offerings as it remains one of the world’s premier entertainment and lifestyle platforms.
• This merger and acquisition is part of HYBE’s larger vision shared by Bang, Scooter and the rest of HYBE’s leadership; to create a truly global entertainment platform rooted in music, the artists who make it, and a loyal global audience inspired by music.

Angel, February 8, 2023 /PRNewswire/ —

Through this partnership, QC will benefit from HYBE’s global entertainment innovation capabilities

Founded by CEO Pierre “P” Thomas and COO Kevin “Coach K” Lee, QC is one of the most influential record labels, responsible for groundbreaking campaigns such as Migos, Lil Yachty, Lil Baby and City Girls .

“I am proud and honored to have Coach and P join Bang and myself as our partners,” HYBE US CEO says scooter brown. “QC is one of the world’s foremost independent labels, working with incredible artists who are and will continue to be the voice of culture. I’ll never forget the ride around Atlanta Talked to Coach over 20 years ago about our dreams and aspirations and how we said, “If they put us in the game, we’ll never give up”. Now, all these years later, we are joining forces to make those dreams a reality. It is important to me and my team that P and Coach continue to have the freedom, and now our global resources, to continue doing what they do best; promoting and nurturing great art and culture. “

“HYBE is the perfect partner for quality control as we come together to tell our story and work globally. All of HYBE’s leaders are entrepreneurs with an extraordinary, combined history of discovering talent and elevating it to At the highest level. Doing QC on a global scale requires key partners like this who understand building from the ground up and aiming high. This is very important to us, their grasp of the culture and their acuity for what QC builds Insight and infinite paths to where it can go. Both QC and HYBE have existing relationships with the Universal Music Group family of companies to make this seamless. We are so grateful to the entire QC family of artists without whom this would not be possible .This partnership will create a global platform for our artists, which has been our goal from day one,” QC Co-Founder and CEO Pierre “P” Thomas said.

“P and I are ecstatic about this partnership with Scooter and HYBE and believe they can help us achieve our global ambitions since the company was founded as it means our artists are Make an impact. Over the years, Scooter and I have developed a real trust and a shared way of seeing the world and culture. Another benefit of this partnership is that both QC and HYBE have existing relationships with the UMG family, which will create a Artists will benefit from this easy flow. Artists in QC are our focus and their best interests will be incredibly supported through this partnership,” Kevin “Coach K” Lee, co-founder and COO of QC.

Collaboration will advance HYBE’s strategy to expand and diversify its global entertainment footprint

This acquisition represents the scooter brown As the sole CEO of HYBE AMERICA, Scooter’s key role in HYBE’s expansion plans is underscored because of his track record and reputation in the industry and his ability to bring key players to the table.

This is part of HYBE’s strategic and coordinated efforts to diversify its products and the company’s commitment to breakthrough innovation through technology investments and strategic partnerships. The first strategic partnership was with Ithaca, which immediately diversified HYBE’s portfolio by including Scooter Braun Projects and Big Machine Label Group. Now with QC, HYBE is making another foray into other music genres.

In addition to expanding its footprint in the music industry, HYBE is also focused on building out its already strong technology portfolio, which includes the innovative global platform Weverse, a global multimedia fan hub connecting artists with fan communities, and the recent acquisition of Artificial Intelligence Audio company Supertone .

“QC, based on hip-hop, has always had a strong influence in the American music scene. With our shared vision, I have high hopes for what we can operate and achieve together,” explain Park Ji WonCEO, HYBE.

“This partnership is an important part of our growth plan to innovate the entertainment industry through a diversified product portfolio and advanced technology. Together, we will continue to add depth to the global music industry in hip-hop,” said HYBE Chairman Bang Si Hyuk.

About HYBE

HYBE Corp. (HYBE), renamed from Big Hit Entertainment March 2021, is a global entertainment lifestyle platform company seeking unlimited expansion to innovate the music industry. Since then, HYBE has continued to expand its multi-label system, including BIGHIT MUSIC, BELIFT LAB, SOURCE MUSIC, PLEDIS Entertainment, KOZ ENTERTAINMENT, ADOR, HYBE LABELS Japan, while HYBE AMERICA also manages its affiliated labels, including the Big Machine Label Group. In addition to the label business, HYBE has established an integrated structure through its solutions business (creation of concerts, video content, games, original stories and retail) and its platform business through the global fan platform Weverse. Consists of three headquarters located in South Korea, Japan and the United States, the company is committed to bringing innovative change to the global music industry.

ABOUT HYBE AMERICA

HYBE AMERICA is at the intersection of global music, entertainment and technology trends, creating new synergistic opportunities for artists, businesses and brands. The company covers artist management, music publishing, labeling and content creation, with activities across music, technology, film, television, branding, culture and social good. The firm’s combined expertise and proven track record of success transcend genres, industries and national borders. SB Projects is a business unit of HYBE AMERICA representing artists worldwide such as justin bieber, grande arianaand Demi Lovato And the company’s label under the Big Machine Label Group includes some of the biggest names in country music and rock, such as Tim McGraw, Thomas Rittergangster flats, and Cheryl Crow. HYBE AMERICA is a wholly owned subsidiary of HYBE Corp. .

About QC Media Holdings

QC Media Holdings, Inc is the parent company of CEO Pierre “P” Thomas and COO Kevin “Coach K” Lee’s music, sports, film and television empire (“QC”). P and Coach K launched the music business in 2013. With billions in traffic each year from groundbreaking artists like Migos, Lil Yachty, Lil Baby and City Girls, QC is without a doubt the biggest and most influential today One of the most powerful record companies. In 2020, QC’s Lil Baby released My Turn, the highest-selling streaming album of the year and the first album of 2020 to be certified double platinum by the RIAA, with over 370 streams for his entire catalog so far in 2022 billion times. The QC empire continued to expand with subsequent management division Solid Foundation Management, film and television division Quality Films and sports division QC Sports. As a digital strategist and brand executive, Coach and P earned the prestigious Billboard Executive of the Year and Variety’s Innovator of the Year. Leading their path through the cultures of music, film, sports and television, breaking down unknown acts, athletes and talents and taking them all the way to the stadium, QC has undoubtedly become the blueprint for success in the modern industry.

Media Contact:
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Source HYBE USA