SCOOTER Braun has retired from music management after multiple singers left his company.
He is focusing on his family and being the CEO of his new company, HYBE America, after managing Ariana Grande, Justin Bieber, Taylor Swift, and more.
Scooter, 42, made a statement about stepping away on Monday on his Instagram.
“23 years. 23 years. That’s how long I have been a music manager. 23 years ago a 19 year old kid started managing an artist named Cato in Atlanta, GA and my journey began,” he wrote.
“Along the way I have had so many experiences I could never have dreamt of.”
“I have been blessed to have had a Forrest Gump-like life while witnessing and taking part in the journeys of some of the most extraordinarily talented people the world has ever seen. I’m constantly pinching myself and asking ‘how did I get here?'” he continued.
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Scooter said that after 23 years his time as a music manager has come to an end.
He also wrote that he has wanted to step away for a long time, but wondered who he would be without his clients.
“And for 20 years, I loved it. It was all I had known,” Scooter wrote.
“But as my children got older, and my personal Iife took some hits, I came to the realization that my kids were 3 superstars I wasn’t willing to lose. The sacrifices I was once willing to make I could no longer justify. It was time to step into a new role.”
“In this next chapter I have been honored to join as a board member of Hybe and serve as the CEO of Hybe America,” Scooter wrote.
“My brilliant partner these past 3 years, Chairman Bang [Si-Hyuk], has a vision I truly believe in. But even beyond that he has become a true friend who understands where I must be in my life these days. And that is a father first, a CEO second, and a manager no more.”
Scooter sold HYBE to Ithaca Holdings company in 2021.
SAW IT AS A SIGN
Scooter said that he has been making this transition for over two years, but it wasn’t until last summer that it became a reality.
“One of my biggest clients and friends told me that they wanted to spread their wings and go in a new direction. We had been through so much together over the last decade, but instead of being hurt I saw it as a sign,” he wrote.
Scooter went on to say that he has nothing but love for the people that he has worked with and will “always be in their corner to consult and support them.”
“Every client I have had the privilege of working with has changed my life, and I know many of them are just beginning to see the success they deserve. I will cheer for every single one of them.”
Scooter thanked every one of his clients and shouted out Ariana, 30, and Justin, also 30, for joining the Spotify Billions club, despite them leaving his company.
However, he did not mention Taylor Swift, 34, who famously left Big Machine Records in 2019, after Scooter, and BMR CEO Scott Borchetta sold her masters to Shamrock Holdings for $300 million.
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