300 Entertainment, the record label of Megan Thee Stallion and Young Thug, is close to finalizing a deal worth around $400 million to sell to Warner Music Group.
, “Bad & Boujee” featuring Lil Uzi Vert), Thug and Megan Thee Stallion . Liles has served as CEO since 2017, when Cohen left for YouTube., and at the time he downplayed the possibility of a sale, but says the company never rules out potential acquisitions, mergers or strategic partnerships.
“Two years ago, 300 had a campaign that we’re not for sale, and although we’ve had several companies and investors approach us, we’re interested in building a billion-dollar company and servicing our artists and partners to the best of our ability,” he said. “There is never an opportunity we won’t run down if it’s for the betterment of our artists.”through a sale of 3.75% senior secured notes offering to help fund three acquisitions worth $710 million, the company announced Nov. 17.
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