Coach K & P Tell Lil Yachty It Took “Years” For Quality Control To Become Profitable

Pierre ‘P’ Thomas and Kevin ‘Coach K’ Lee say that it took years before their iconic music label, Quality Control, became profitable. They recalled the journey during a recent interview with Lil Yachty for his A Safe Place podcast.

They began by admitting it took over five years for them to get back in the green after starting the company. “When you in a place of independence, and you don’t have budgets, or you don’t have capital that you can use for these artists, it’s like, you might go into the black,” Coach K explained to Yachty. “I remember there was times me and P was like down almost to zero, but we had a record going. So you know, we had to promote. We had to double down. If we double down, that’d take us back to zero. It’s ebbs and flows. It’s peaks and valleys.”

Read More: Offset Walks Out Of Grammys Backstage With Pierre “P” Thomas Amid QC Lawsuit

Coach K & P Attend Takeoff’s Celebration Of Life

ATLANTA, GEORGIA – NOVEMBER 11: *EXCLUSIVE COVERAGE * Kevin “Coach K” Lee and Pierre “P” Thomas speak onstage during Takeoff’s Celebration of Life at State Farm Arena on November 11, 2022 in Atlanta, Georgia. (Photo by Kevin Mazur/Getty Images for TVG)

P added: “You might have one artist that’s making money, that you making profit with, but you got nine other artists that’s not making no money. But you dreaming big and you trying to expand and make everybody grow because you’re thinking big.” Check their full comments on the A Safe Place podcast below.

Coach K & P Speak With Lil Yachty

Coach K and P launched Quality Control back in March 2013. The label has been home to Migos, Lil Yachty, Lil Baby, and the City Girls, among many others, often based out of Atlanta. Earlier this year, Hybe Corporation reportedly acquired the imprint for $300 million, although Kevin Lee and Pierre Thomas maintained control. Be on the lookout for further updates on Coach K and P, as well as the rest of Quality Control, on HotNewHipHop.

Read More: Scooter Braun: Sources Say Music Exec Is “Imploding,” Unsavoury Revelations Expected To Come

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Coach K Argues Jeezy Was More Relevant Than Jay-Z At His Peak

There’s essentially an entire industry formed around controversial rap takes. For those willing to step outside the box they’re often given platforms online to spread opinions that spark controversy and generate discussion. Very few people are subject to more of those hot takes than Jay-Z. He was once at the center of a famous online discourse over what was more valuable, a large sum of money or dinner with the rap mogul. The debate got so heated that it eventually reached Jay himself to comment on it.

Now he’s once again at the center of a hot take. Quality Control founded Coach K recently joined the Business Untitled podcast to discuss Jeezy. “We put that mixtape out in July. And by February, we did $6 million on the road. All cash. We hadn’t even put an album out yet. And then we did Trap or Die mixtape, I knew it was a wrap,” he explained. He also claimed that at his peak, Jeezy was more relevant than Jay-Z. “JAY was much bigger, but I’m saying relevant. It’s moments where some of these smaller artists is more relevant than the bigger artists,” he argued. Check out his full interview below.

Read More: DaBaby Proclaims His “Jail” Verse Is Better Than Jay-Z’s

Coach K Compares Jeezy’s Peak Of Relevance To Jay-Z

Earlier this week, Jay-Z made waves for a new interview he did with Gayle King. Clips of the album were shared online in the lead up to the full three house of their interview airing on Tuesday of this week. Not everyone is happy with the content of the interview though, N.O.R.E wished that Jay had chosen to do the interview with him, Joe Budden, or Talib Kweli instead.

In the full interview, Jay-Z shared some details on how exceptionally well read he was as a child. He specifically cited a time when his 6th grade teacher was amazed by his advanced reading abilities. Who do you think was more relevant at their peak Jeezy or Jay-Z? Let us know in the comment section below.

Read More: Andre 3000 Appreciates Jay-Z And Beyonce For Clearing A Song On “New Blue Sun”

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Scooter Braun Speaks On $300M Quality Control Deal With Coach K & P: Video

On Thursday (February 9), Scooter Braun’s Hybe America entered an astounding $300M deal with Quality Control. Now, the executive’s company owns the southern label’s sports, music, television, and film branches. It may seem unexpected to some, but the New York native has a long-standing relationship with Coach K and P. This ultimately seems to have sealed the deal.

In wake of the huge merger, Braun and his new partners sat down with MSNBC to speak on their journey working together. “I brought my company into Hybe about two years ago,” Braun explains to Ari Melber in the interview. “And teamed up with the incredible entrepreneur whose responsible for BTS and so many other incredible groups out of Asia.”

Scooter Braun attends the Justin Bieber: Our World event at The Edge at Hudson Yards on September 14, 2021 in New York City. (Photo by Kevin Mazur/Getty Images for Amazon Studios)

“We decided to put our companies together and become one world company. What was very important to me was bringing opportunities from our platform to other entrepreneurs in the space.” The 41-year-old goes on to note that he and Coach K go back 20 years. He and P have also been friends for nearly a decade.

“I’ve admired them throughout my career. To have this opportunity to come together as one company is really a full circle moment,” Braun tells Melber. The former noted that this new deal will allow Quality Control to move into the global space like never before. P also shared his thoughts on the merger, specifically giving insight into why Atlanta’s hip-hop scene continues to blow up worldwide.

“It’s just cultural, you know what I mean? [This deal] is going to give our artists the reach to expand culturally across the globe.” The host then asked the duo how they managed to build QC from the group up to the level it’s reached today. “Brick by brick,” Coach K confirmed, noting that he and his collaborator had a huge vision for themselves from the start

The CEO explains to Melber, “We took it upon ourselves to move into different territories. We knew when streaming came – we started before streaming really hit – but when streaming came, it was like, with the push of a button, your music was in every territory. Now it was on us to go into these territories and make these other relationships so that our business could grow globally.”

Watch Scooter Braun, Coach K, and P’s full interview with MSNBC above. Afterward, let us know what your thoughts on the Hybe America x Quality Control merger are in the comments.

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Quality Control Acquired By Scooter Braun’s Hybe In $300M+ Deal

Quality Control has remained one of the leading labels to hail out of the South in the past 10 years. However, they’ve also recently expanded into film, television, and sports as they plot out global domination. They’re one step closer to their goal as Hybe acquired Quality Control Music in a deal led by Scooter Braun. Hybe’s acquisition of Quality Control includes the entertainment company’s sports, music, television, and film branches. Hybe America entered the deal to merge and acquire QC, valued at $320M in stock and cash, per Variety.

It’s an impressive move, as it marks the first for Braun as the sole CEO of Hybe America. Scooter’s relationship with Kevin “Coach K” Lee goes back to the early 2000s when he lived in Atlanta. “I’ll never forget riding around Atlanta over 20 years ago with Coach discussing our dreams and ambitions… Now, all these years later, we are joining forces to make these dreams a reality,” he said. QC now joins management company SB Projects, who manage Quavo, and Big Machine Label on HYBE’s expansive portfolio. 

Quality Control Co-Founders Coach K & Pierre “P” Thomas Speak

HYBE’s global imprint can benefit the Quality Control brand and its artists. Pierre “P” Thomas detailed how HYBE understood the work put into the company to build it from the bottom, “and aiming sky high.” He added, “The artists of QC are our focus and their best interests will be incredibly supported with this partnership.”Coach K echoed a similar sentiment, explaining that HYBE will allow them to reach “global ambitions we’ve had in our scope since the beginning of our company.” 

Though many celebrated the deal, some criticized QC for “selling out.” P responded by stating that there’s “no value in separation.” As a leading Black-owned label, he explained that the deal only leads to more opportunities. “Stop thinking people are selling OUT. Instead, see people are selling IN and see that you are building something to create more for everybody,” he said, adding that these opportunities aren’t often provided to Black entrepreneurs regularly. “Let’s stay inspired and celebrate the blessings and leveling up and breaking of barriers,” he concluded. Check out his post above.

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Jeezy Finally Squashes Feud With Coach K

Jeezy and Coach K finally put their differences aside during the Thug Motivation concert in Atlanta on Friday night.

Though Jeezy and Coach K emerged alongside each other, their relationship quickly spoiled during his ascent to stardom. However, the two finally buried the hatchet. Coach K emerged on stage on Friday night to introduce Jeezy to the stage.

ATLANTA, GA – OCTOBER 04: (EDITOR NOTE: Image was created using a filter lens.) Kevin ” Coach K” Lee attends “Only Built for Infinity Links” Album Listening Party on October 4, 2022 in Atlanta, Georgia.(Photo by Prince Williams/Wireimage)

“They say for your blessings to really start, you have to have a clean slate. Tonight, two Black men settle their differences,” he said. “So here I am on this stage tonight to give you the story about how we got here.”

Afterward, he delved into their backstory, from giving each other their respective nicknames to imagining their success together.

“I named Young Jeezy and he named me Coach K. We was inseparable,” Coach K explained. Then, he detailed a night at 112 where he witnessed Jeezy’s crew buy out all of the bottles in the club.

“But leaving that club that night, I told Jeezy, ‘Man, you gotta start talking about this shit that you doing in your music.’ He looked at me and said, ‘Man, you crazy. If I talk about this shit, I’m going to jail!’ I said, ‘Nah, but if you rap it in third person, they gon’ feel it — and you ain’t gonna incriminate yourself.’ After that conversation, the magic began.”

ATLANTA, GEORGIA – NOVEMBER 16: Rapper Jeezy attends the game between the Boston Celtics and the Atlanta Hawks at State Farm Arena on November 16, 2022 in Atlanta, Georgia. (Photo by Paras Griffin/Getty Images)

Jeezy previously addressed their issues during an appearance on Drink Champs. The Trap Or Die rapper explained that the 2007 fallout was a result of poor communication.

“Don’t get me wrong, he’s great at what he does, but there were a lot of conversations that didn’t happen before the fame and the money came, and the understanding,” he said. “I just didn’t trust a lot of things…I’m just understanding what I’m assuming. So if you’re not communicating with somebody and it’s not going how you want it to go, of course you’re gonna be like, ‘Yo, I’m not rocking like that.’ Then he probably thought it ain’t going how he want it to go.”

SOURCE SPORTS: North Carolina Advance to the Championship Game, Ending Coach K’s Career in the Process

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Duke’s coach Mike Krzyzewski’s first game was a loss to North Carolina. It only fits his last game would be just like his first one. The North Carolina Tar Heels advance to the NCAA championship game beating the Duke Blue Devils 81-77 in another instant classic.

An 8-seed, the Tar Heels are tied for the lowest-seeded team to reach the final since seeding began in 1979.

“Our belief all year was strong that we can get to this point,” junior center Armando Bacot said. “I don’t know if it was belief or if it was just us being delusional. I mean, at every point of the season, we knew if we came together as a team that we could get to the championship. And that’s what we did.”

The Tar Heels will play the only number 1 seed to make it to the Final Four this weekend in the Kansas Jayhawks.

After 1,202 wins, 13 Final Fours, and a career that redefined the bounds of coaching success in college basketball, Krzyzewski’s career. While this loss will sting Duke for a while, Krzyzewski built a powerhouse program like no other. While the Duke vs. North Carolina rivalry will carry on, it will seem odd next year without Coach K on the sidelines after 40 years.

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