Current:Home > InvestWhat’s going on with Scooter Braun’s artist roster? Here’s what we know and what’s still speculation -ChatGPT
What’s going on with Scooter Braun’s artist roster? Here’s what we know and what’s still speculation
View
Date:2025-04-18 05:22:42
LOS ANGELES (AP) — Scooter Braun is one of the most recognizable names in the music business for his singular work as an executive and entrepreneur. He’s managed many of your favorite artists, propelling the likes of Justin Bieber to stratospheric fame, and earned the ire of Taylor Swift and her legions of fans for his business practices.
On Friday, rumors circulated online that Justin Bieber was leaving Braun, his longtime manager — and the man credited with discovering him. In the days that followed, speculation grew, and media outlets began reporting that some of Braun’s other hype-profile clients like Ariana Grande, and Demi Lovato were also parting ways with him — all of which has yet to be confirmed.
Braun hasn’t issued a public statement, but did tweet in jest, writing “Breaking news… I’m no longer managing myself.”
As the story continues to unfold, here’s everything we know — and everything we don’t — about what’s going with Scooter Braun and his powerful client roster.
Who has Scooter Braun managed?
Without confirmation from artists, their teams, or Braun himself, changes to Braun’s roster are conjectural. AP reached out to every artist listed as being managed by Braun on the SB Projects website and only heard back from a select few.
The site mentions his company’s “past and present work” and includes artists Braun no longer works with, including Hilary Duff and J Balvin.
Representatives for Carly Rae Jepsen, BabyJake, and Asher Roth confirmed to AP that those artists no longer work with Braun and haven’t for quite some time.
A person close to Idina Menzel told AP the singer is no longer managed by Braun but was not authorized to speak publicly.
A representative for pop star Ava Max confirmed that she is still represented by Braun.
OK, but why is Scooter Braun a big deal?
In the early 2000s, Braun dropped out of Emory College to throw parties for elite musicians traveling to Atlanta: Ludacris, Eminem, even Britney Spears. Jermaine Dupri recruited him to become So So Def’s executive director of marketing. Later, in 2007, Braun started his own talent management company, SB Projects, where in 2008, he’d discover Justin Bieber on YouTube, growing the teen heartthrob’s profile by utilizing social media.
SB Projects encompasses a few ventures: Management, which included clients like Bieber, Ariana Grande, J Balvin, and for a short-stint, Kanye West; Sheba Publishing, a joint venture with Universal Music Group Publishing; and Schoolboy Records, a record label first put on the map by Braun’s client Asher Roth and his 2009 hit “I Love College.”
Braun operated his assorted companies under one entity called Ithaca Holdings.
In the midst of his incredible success, in 2019, Braun bought Big Machine Records, the label that originally signed Taylor Swift and released her first six records. Its CEO Scott Borchetta stayed in place. With the purchase, Braun purchased ownership to Swift’s master recordings, which he sold to an investment fund the following year. As a result, Swift announced that she would re-record her albums to own her new masters in a project called “Taylor’s Version.”
In April 2021, Braun sold Ithaca Holdings to HYBE — the publicly traded company formerly known as Big Hit Entertainment, best known for creating the K-pop group BTS — in a $1.05 billion deal. According to the corporate filling, Braun would receive about 462,380 shares of the company (totaling $86.2 million) while his star clients Grande and Bieber would each receive 53,557 shares, or almost $11.0 million apiece.
In January 2023, he became the sole CEO of HYBE America, having previously shared the title after the merger with Big Hit’s Lenzo Yoon.
Back up — what is Braun doing with HYBE?
When Braun’s Ithaca Holdings merged with the globally minded HYBE in April 2021, it became one of the largest music companies in the world. Just a few months later, in July, Bang Si-hyuk, the CEO of Bit Hit Entertainment/HYBE stepped down, Park Ji-won took over, and Lenzo Yoon and Scooter Braun were named co-CEOs of HYBE America. In January, Braun became the sole CEO — which means he’s busy.
There has been speculation that if Braun’s artists are leaving SB Projects management, it is because Braun is slowly placing his focus on HYBE America instead of acting as an artist manager. But so far, there’s been no confirmation that’s what’s happening.
What does a music manager do?
The role of a music manager is an elusive one, based largely on the kind of relationship between the businessperson and the musician. The best music managers — and we’re excluding business and tour managers here, whose specialties are in the title — are fiercely organized, dedicated to the success of their artist. They possess a deep understanding of the industry and the artist’s place within it.
They work to ensure their artist’s projects run smoothly, connecting teams to reach a particular goal. Think of them as the behind-the-scenes engine responsible for allowing the artist to succeed. Often, they invest in and help develop an artist, and tackle anything from creative production to day-to-day operations.
veryGood! (128)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Defense Secretary Lloyd Austin expected to return to Pentagon Monday for first time since hospitalization
- 3 men were found dead in a friend’s backyard after watching a Chiefs game. Here’s what we know
- How Taiwan beat back disinformation and preserved the integrity of its election
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Coronavirus FAQ: How long does my post-COVID protection last? When is it booster time?
- Hiker dies of suspected heart attack in Utah’s Zion National Park, authorities say
- How Bianca Belair breaks barriers, honors 'main purpose' as WWE 2K24 cover star
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- U.S. women's figure skating at a crossroads amid Olympic medal drought of nearly 20 years
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Biden is trying to balance Gaza protests and free speech rights as demonstrators disrupt his events
- Gunmen kill 9 people in Iran near border with Pakistan
- Trump praises Texas governor as border state clashes with Biden administration over immigration
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- After LA police raid home of Black Lives Matter attorney, a judge orders photographs destroyed
- FAFSA freaking you out? It's usually the best choice, but other financial aid options exist
- Crew extinguish fire on tanker hit by Houthi missile off Yemen after US targets rebels in airstrike
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Edmonton Oilers stretch winning streak to 16 games, one shy of NHL record
Biden and Germany’s Scholz will meet in Washington as US and EU aid for Ukraine hangs in the balance
Amber Glenn becomes first LGBTQ+ woman to win U.S. Women's Figure Skating Championship
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Australian Open men's singles final: How to watch Daniil Medvedev vs. Jannik Sinner
Vince McMahon resigns from WWE after allegations of sexual assault
Gunmen kill 9 people in Iran near border with Pakistan