Current:Home > FinanceWhere Justin Bieber and Manager Scooter Braun Really Stand Amid Rumors They've Parted Ways -MarketLink
Where Justin Bieber and Manager Scooter Braun Really Stand Amid Rumors They've Parted Ways
View
Date:2025-04-16 06:18:37
Justin Bieber and Scooter Braun are still in good company.
Despite recent rumors purporting that the pop superstar professionally parted ways with his longtime manager, reps for both Justin and Scooter denied the claims to E! News on Aug. 18.
The fallout speculation comes eight months after Justin sold his entire music catalog to United Kingdom-based investment company Hipgnosis Songs Capital for a whopping $200 million. The massive deal included the 29-year-old's publishing copyrights, master recordings and back catalog of 290 songs released before Dec. 31, 2021, according to Variety.
At the time, Merck Mercuriadis, founder and CEO of Hipgnosis Song Management, credited Scooter for helping the singer "build a magnificent catalog."
"The impact of Justin Bieber on global culture over the last 14 years has truly been remarkable," he said in a statement. "This acquisition ranks among the biggest deals ever made for an artist under the age of 70, such is the power of this incredible catalog that has almost 82 million monthly listeners and over 30 billion streams on Spotify alone."
Meanwhile, Scooter described the contract as "historic," adding in a statement of his own, "When Justin made the decision to make a catalog deal, we quickly found the best partner to preserve and grow this amazing legacy was Merck and Hipgnosis. For 15 years I have been grateful to witness this journey and today I am happy for all those involved. Justin's greatness is just beginning."
Scooter first discovered Justin in the late aughts, when he stumbled onto one of the Canada native's performance videos on YouTube. The music exec invited Justin and his mom Pattie Mallette to his homebase in Atlanta, before signing him to Island Def Jam and becoming his manager.
Since then, the 42-year-old has played an active role in Justin's career, including producing his 2011 documentary Never Say Never, 2013 concert movie Believe and 2020 docuseries Seasons.
His entertainment group, SB Projects, also boasts the likes of Ariana Grande, Demi Lovato, Black Eyed Peas and Ashley Graham on their client roster.
I love working with the people I work with," Scooter told The Guardian in 2018. "I'm blessed to be a part of these people's stories. But their story is not just going to define mine."
For the latest breaking news updates, click here to download the E! News AppveryGood! (14987)
Related
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Texas judge says no quick ruling expected over GOP efforts to toss 2022 election losses near Houston
- Target recall: 2.2 million Threshold candles recalled; at least 1 injured
- Slain Ecuador candidate fearlessly took on drug cartels and corruption
- Senate begins final push to expand Social Security benefits for millions of people
- Pink Concertgoer Names Baby in Singer’s Honor After Going Into Labor at Show
- Millions of kids are missing weeks of school as attendance tanks across the US
- Writers Guild of America to resume negotiations with studios amid ongoing writers strike
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Two years after fall of Kabul, tens of thousands of Afghans languish in limbo waiting for US visas
Ranking
- The Daily Money: Spending more on holiday travel?
- How to help those affected by the Maui wildfires
- 41 reportedly dead after migrant boat capsizes off Italian island
- $8.5 billion acquisition puts fashion giants Versace, Coach and Michael Kors under one company
- Global Warming Set the Stage for Los Angeles Fires
- Cats in Cyprus treated with COVID medicine as virus kills thousands on island
- UPS says drivers to make $170,000 in pay and benefits following union deal
- Fashion Nova shoppers to get refunds after settlement: How to file a claim
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
The Wealth Architect: John Anderson's Journey in Finance and Investment
From 'Straight Outta Compton' to '8 Mile': Essential hip-hop movies to celebrate 50 years
Mastering the Art of Capital Allocation with the Market Whisperer, Kenny Anderson
Meta releases AI model to enhance Metaverse experience
Da Brat and Wife Jesseca Judy Harris-Dupart Share First Photos of Son True Legend
Hawaii's historic former capital Lahaina has been devastated by wildfires and its famous banyan tree has been burned
Stock market today: Asian stocks decline after US inflation edges higher