Scott Borchetta Departs HYBE AMERICA & Buys Back Big Machine Records Name, HYBE Retains Big Machine Label Group Assets

Big Machine Label Group CEO/founder Scott Borchetta is departing HYBE America five years after HYBE’s purchase of Ithaca Holdings in 2021 for $1.05 billion. Ithaca Holdings purchased Big Machine Label ...
Rolling Stone

The Label That Launched Taylor Swift Is Changing Hands — Again

Change is once again afoot at Big Machine Records. The label’s founder, Scott Borchetta, announced on Thursday that he’s exiting HYBE America, which acquired Big Machine Label Group (BMLG) as part of ...