• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
SuccessMusic

Scooter Braun facing reported exodus of star clients like Justin Bieber and Ariana Grande. Here’s what we know about the 42-year-old music mogul millionaire

By
Maria Sherman
Maria Sherman
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Maria Sherman
Maria Sherman
and
The Associated Press
The Associated Press
Down Arrow Button Icon
August 24, 2023, 5:52 AM ET
Scooter Braun, U.S. entrepreneur, talent manager and investor
Braun is one of the most recognizable names in the music business for his work as an executive, entrepreneur, and artist manager.Marcus Brandt—picture alliance/Getty Images
Add Fortune on Google for similar content.

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.

Recommended Video

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.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Maria Sherman
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Success

Amazon founder Jeff Bezos
SuccessBillionaires
Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC
By Emma BurleighJuly 23, 2026
18 hours ago
Sanae Takaichi
Successwork-life balance
Despite Tokyo’s push for a 4-day week for better work-life balance, Japan’s prime minister boasts sleeping just ‘zero to three’ hours a night
By Preston ForeJuly 23, 2026
18 hours ago
Paul Keary (L) and Mike Sutcliff (R).
CommentaryAI agents
Teneo & Thoughtworks CEOs: the AI race will be won with governance, not speed 
By Paul Keary and Mike SutcliffJuly 23, 2026
22 hours ago
How GE CEO Larry Culp pulled off the turnaround of the century
MagazineGeneral Electric
How GE CEO Larry Culp pulled off the turnaround of the century
By Shawn TullyJuly 23, 2026
1 day ago
buffett
SuccessWealth
‘The man who dies rich dies disgraced’: The last time America had such wealth inequality, Andrew Carnegie knew he had to give it all away
By Nick LichtenbergJuly 22, 2026
2 days ago
Larry Page and Sergey Brin
SuccessBillionaires
Larry Page and Sergey Brin splash $225 million in Miami property as billionaires flee California’s tax—and Google is expanding its office there too
By Emma BurleighJuly 22, 2026
2 days ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
1 day ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
18 hours ago
Current price of oil as of July 23, 2026
Personal Finance
Current price of oil as of July 23, 2026
By Joseph HostetlerJuly 23, 2026
23 hours ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
2 days ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.