I have ever said anything capable of being misinterpreted, I apologize unreservedly." 2018 to 2022; Hitco Entertainment In 2018, Reid became founder and co-chairman of Hitco Entertainment, LLC with Charles Goldstuck, the former Chairman and CEO of TouchTunes Interactive Networks. Formed in January 2018, the company has offices in Los Angeles, New York and Atlanta and has signed over 15 artists including platinum-selling acts Big Boi (of Outkast) and Dinah Jane of Fifth Harmony; the first release is a new album from Big Boi of Outkast. In April 2018, Empire Distribution, the San Francisco-based independent music company founded by Ghazi Shami, announced that it will provide distribution services to Hitco for their first new album release for Big Boi. In August 2018, Hitco held The Hit List showcase in New York City with performances by Hitco artists including Yella Beezy. Hitco's hit, Yella Beezy's "That's on Me", reached No. 1 at Urban Radio and Top 20 at Rhythm in September & has since went on to sell over 2 million copies worldwide. Songwriter Delacey, who has written for the likes of Halsey and Zara Larsson, joined the Hitco roster as a solo artist releasing "My Man," in March 2019. Also in March, Jennifer Lopez premiered the single "Medicine" featuring French Montana, her first release with Reid's Hitco Entertainment label. In 2022, the assets of Hitco and its artist recording contracts were sold to Concord Music Group and Hitco ceased operations. Discography Awards and recognition On August 30, 2006, L.A. Reid, along with Babyface, was honored as a BMI Icon at the 6th annual BMI Urban Awards. As of 2006, he has won 18 BMI awards. Together with Babyface, Reid has produced and/or co-written penning numerous R&B hits, racking up over 40 No. 1 singles. Reid was honored with the National Academy of Recording Arts and Sciences' President's Merit Award at the Grammy salute to Industry Icons celebration on February 9, 2013, the day prior to the 55th Grammy Awards. Reid is also a three-time Grammy Award winner. In 2014, Reid received the Harvard University Alumni Award of Excellence in Media. In March 2016, Reid, received an award from BET Honors for The Business of Entertainment Award. Philanthropy In 2006, Reid was noted for his philanthropic efforts to bring arts programs to urban youth at the Art for Life Palm Beach fundraiser hosted by Russel Simmons. That year he also received