Hybe Acquires U.S. hip-hop Label to Expand Global Business Portfolio

SEOUL, Feb. 9 (Korea Bizwire) — Hybe said Thursday its American unit has agreed to acquire QC Media Holdings, the parent company of an influential U.S.-based hip-hop label, to expand its reach into the global market. Under the deal, Hybe America will acquire a 100-percent stake in QC Media Holdings at 314 billion won (US$248.8 [...]