Warner Music Group has recently announced its acquisition of 300 Entertainment. The Chicago based independent music record label boasts an influential roster of artist including: Young Thug, Meg Thee Stallion, Fetty Wap among other top top acts.
In a statement shared on Thursday, 300 co-founder and CEO Kevin Liles, who will now reside as the active chairman and CEO across 300 and Elektra Music Group, said the Warner team is “like family.” The mega-deal marks a “natural evolution” for all involved. “It’s the perfect home for 300 artists and our team, as we invest in our independent vision and grow our global impact,” he said.
300 Entertainment was founded by Liles, Lyor Cohen, Roger Gold, and Todd Moscowitz in 2012. Distribution has been handled by Atlantic Records, whose parent company is WMG. Other notable 300 talent includes: Gunna, Waterparks, Tee Grizzley, Maria Becerra, Snot, and more.