Current:Home > InvestWhere Justin Bieber and Manager Scooter Braun Really Stand Amid Rumors They've Parted Ways -Elevate Capital Network
Where Justin Bieber and Manager Scooter Braun Really Stand Amid Rumors They've Parted Ways
View
Date:2025-04-18 22:30:00
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! (1113)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Groups Urge the EPA to Do Its Duty: Regulate Factory Farm Emissions
- Khloe Kardashian Congratulates Cuties Kourtney Kardashian and Travis Barker on Pregnancy
- Check Out the Most Surprising Celeb Transformations of the Week
- Grammy nominee Teddy Swims on love, growth and embracing change
- BP’s Net-Zero Pledge: A Sign of a Growing Divide Between European and U.S. Oil Companies? Or Another Marketing Ploy?
- New York’s Right to ‘a Healthful Environment’ Could Be Bad News for Fossil Fuel Interests
- How Comedian Matt Rife Captured the Heart of TikTok—And Hot Mom Christina
- Could your smelly farts help science?
- The First African American Cardinal Is a Climate Change Leader
Ranking
- A South Texas lawmaker’s 15
- Here's the latest on the NOTAM outage that caused flight delays and cancellations
- U.S. hits its debt limit and now risks defaulting on its bills
- Everything Kourtney Kardashian Has Said About Wanting a Baby With Travis Barker
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Khloe Kardashian Congratulates Cuties Kourtney Kardashian and Travis Barker on Pregnancy
- Inside Clean Energy: 7 Questions (and Answers) About How Covid-19 is Affecting the Clean Energy Transition
- Lessons From The 2011 Debt Ceiling Standoff
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Please Stand Up and See Eminem's Complete Family Tree
Amazon loses bid to overturn historic union win at Staten Island warehouse
At COP26, a Consensus That Developing Nations Need Far More Help Countering Climate Change
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
PGA Tour says U.S. golf would likely struggle without Saudi cash infusion
COP26 Presented Forests as a Climate Solution, But May Not Be Able to Keep Them Standing
Eminent Domain Lets Pipeline Developers Take Land, Pay Little, Say Black Property Owners