John Angelillo/UPI/Newscom/The Mega Agency; JIM RUYMEN/UPI/Newscom/The Mega Agency
Scooter Braun and Justin Bieber have reportedly buried the hatchet.
Two years after their decision to part ways professionally, the “Baby” singer, 31, allegedly still owed the HYBE America CEO millions of dollars in connection with his cancelled 2022 Justice tour.
However, the pair have “squashed their issues and are in a good place” now, according to The Hollywood Reporter. A source told the outlet that Braun, 44, wanted to make sure this was done before stepping down as CEO so he could “leave the company, and Justin, in a good position.”
As for what’s next for the music mogul, he is set to transition into a new role as senior advisor to HYBE founder Bang Si-Hyuk. Braun will also join the HYBE Board of Directors.
Janet Gough / AFF-USA.COM / MEGA
“Scooter has been an extraordinary partner, a visionary executive, and a true catalyst for cultural exchange,” Chairman Bang said in a statement. “His contributions have been vital in establishing our ambitious presence in the U.S. market. I am deeply grateful for his leadership, his astute instincts and his unwavering passion for artists. We wish him immense success in his exciting next chapter and look forward to continuing our partnership in executing HYBE’s global vision.”
The news comes weeks after Braun spoke out on the current status of his relationship with the “Peaches” artist during a June appearance on the Diary of a CEO podcast.
“I’m very proud of what we achieved and always rooting for him,” Braun explained, but noted that his friendship with Bieber was “not the same” as it once was.
“We worked together for so long and we had such extreme success, and I think you get to a point as a man where you want to show the world you can do it on your own,” he continued. “And I completely respect that. I think at this point, that’s what he’s doing. Myself and everyone from the old team is rooting for him.”
Tammie Arroyo / AFF-USA.com / MEGA
For the time being, Braun said he would be a “cheerleader from side” for Bieber, as he hopes for all the artists that he’s worked with – which include Demi Lovato and Ariana Grande – to be successful in the industry.
The music manager also clarified that he wasn’t “hurt” by Bieber’s decision to part ways, adding that he’d felt the same way at the time.
“I wanted to find out who I was, I wanted to experiment with a different career,” he shared. “We were both communicating enough with each other. The writing was on the wall.”