Music govt Scooter Braun nonetheless has A-list shoppers like Justin Bieber and Ariana Grande beneath his belt, regardless of experiences … however we’re instructed he is acquired his arms full — as a result of he is entering into a bigger position.
Sources aware of what’s occurring behind the scenes inform TMZ … all of Scooter’s shoppers, together with Justin and Ariana, are nonetheless beneath contract along with his firm, SB Tasks.
Nonetheless, we’re instructed contract negotiations have been happening for a number of months as he shifts into his greater position as CEO of HYBE America — his multi-billion-dollar South Korean leisure firm that manages the likes of BTS.
Sources say of us spreading rumors about Bieber and Ariana are off … Scooter’s crew at SB Tasks remains to be dealing with each Justin and Ariana as they work by way of determining what the brand new construction will seem like.
For these unaware, experiences have been flying lately concerning the 2 superstars leaving SB, but it surely’s been a little bit of a grey space till now.
There was additionally phrase that Demi Lovato has stepped away from Scooter — our sources affirm her departure, saying it was a mutual choice.
As we reported, Scooter’s HYBE America dropped round $300 million to buy music label, High quality Management, earlier this yr … the ATL rap label that features large names like Lil Child and Metropolis Women.