300 Entertainment
Warner Music Group Forms 300 Elektra Entertainment Label Group Under Kevin Liles
The Warner Music Group has officially unveiled the final form of its new label group following its $400 million acquisition of 300 Entertainment last December. The new entity will be called 300 Elektra Entertainment — or 3EE for short — and will encompass 300, Elektra, Fueled By Ramen, Roadrunner, Low Country Sound, DTA Records, Public Consumption, YSL Records, distributor Sparta and the new film and content division 300 Studios, the company confirmed today (June 22). As has already been confirmed, 300 co-founder (and longtime Warner Music veteran) Kevin Liles will run the combined companies as chairman/CEO. Each of Elektra and 300 will remain “independent identities and cultures,” according to a press release, with Elektra headed by longtime co-presidents Gregg Nadel and Mike Easterlin an...
Warner Music Group Acquires 300 Entertainment in $400M Deal
300 Entertainment, the independent music company that is home to Megan Thee Stallion, Young Thug, Gunna, Fetty Wap, Highly Suspect and more, has been purchased by the Warner Music Group, the companies announced today (Dec. 16). News of the acquisition — which sources tell Billboard is for around $400 million — was first reported by Billboard earlier this month. As part of the deal, 300 co-founder and CEO Kevin Liles has been appointed chairman/CEO of both 300, which will remain a standalone entity, and Elektra Music Group, which encompasses Fueled By Ramen, Roadrunner Records, DTA, Low Country Sound and Public Consumption. Elektra co-presidents Gregg Nadel and Mike Easterlin will continue to run Elektra, but will now report to Liles moving forward. “At 300, we’re all about freedom — the fr...
Megan Thee Stallion Allowed to Release BTS ‘Butter’ Remix, Judge Rules
Megan Thee Stallion claims if the “Butter (Remix)” isn’t able to come out, then her “art will be impacted, the release of the song derailed, and Pete’s goodwill, reputation, and overall career will suffer detrimental, undesirable, and irreversible harm,” according to the filing. It also states that preventing the release will have a “devastating impact to her relationships with her fans and with other recording artists in the music industry.” Megan Thee Stallion’s first TRO filed against 1501 came in March 2020 after the rapper filed a lawsuit over unfair contract terms and claiming the label prohibited her from releasing new music. A judge ruled in her favor and ordered 1501 Entertainment “to do nothing to prevent...
The Deals: Burna Boy Signs With SESAC, Waterparks & Smallpools Soak Up New Record Contracts
Singer-songwriter and Nigerian pop star Burna Boy has signed with performing rights organization SESAC for direct U.S. representation. Born Damini Ogulu, Burna Boy recently released his fifth studio album Twice As Tall, executive produced by Ogulu, Sean “Diddy” Combs and Bosede Ogulu. It was the follow-up to 2019’s African Giant, which nabbed Burna Boy a Grammy nomination this year for Best World Music Album. Burna Boy’s U.S. stardom took off only recently, thanks in part to collaborations with American music stars including Coldplay’s Chris Martin (“The Monsters You Made”) and Sam Smith (“My Oasis”). He was also featured on last year’s Lion King soundtrack The Gift, curated by Beyoncé. “With his empowering lyrics and enrapturing beats, it’s no surprise that Burna Boy is leading the w...
Kevin Liles Endorses Biden, Talks Social Justice on Instagram Live: 5 Key Takeaways
On Thursday night (June 4), nearly 200 people tuned in on Instagram Live to hear co-founder and CEO of 300 Entertainment Kevin Liles discuss systemic racism, police brutality and how he and his company are fighting for change. After opening his Live by playing a brand new track from Trey Songz, called “How Many Times,” Liles started the conversation by talking about the murder of George Floyd, saying: “What bothered me the most is that he called for his mother… we have heard ‘I can’t breathe’ so much but to see a grown man reach and say ‘mama’… it just puts it all in perspective. It’s sickening. We’re in a state of emergency.” Over the span of two hours, Liles invited nearly 10 guests into the chat from Minnesota rapper and WEO...
