Pierre "P" Thomas, co-founder of Quality Control Music, is showing signs of improvement after suffering a heart attack last week.
A source close to the situation tells TMZ that Thomas remains hospitalized in Las Vegas, but his condition is getting better.
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Thomas was admitted to the hospital on Friday and treated in the intensive care unit, as previously reported.
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Quality Control Music had earlier confirmed that Thomas was receiving medical care and asked fans to keep him in their prayers.
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Thomas co-founded the influential label with Kevin "Coach K" Lee in 2013, helping launch the careers of Migos, Lil Baby, and City Girls.
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The positive update suggests Thomas is on the road to recovery, bringing relief to his family and the hip-hop community.