Understand everything on the millionaire agreement between Justin Bieber and the businessman after a troubled break

Singer will pay more than $ 30 million to Scooter Braun in a success that marks the end of a 15 -year report

After years of partnership and months of tension behind the scenes, Justin Bieber and his former entrepreneur Braun scooter They arrived at a financial agreement that officially ends the professional relationship between the two.

According to the magazine PeopleThe Canadian singer will pay $ 31.5 million in Braun, in a result that involves progress, unpaid commissions and the cancellation of the tour Justicein 2022.

The TMZ website recorded the announcement of success on Thursday 10, the eve of the release of SwagBieber’s new album – The first since then Justice2021.

The origin of the dispute: canceled tour and millionaire debt

The pause between the two started with the tour Justicescheduled for 2022 Hybe, the Braun company who purchased SB projects, covered the costs to avoid damage to the manufacturer. AEG later requested the refund and Bieber undertook to return the value to Braun and Hybe.

However, the singer would have made only one partial payment. The new agreement provides that Bieber is the 26 million dollars of the initial debt and adds other $ 5.5 million for half of $ 11 million in commissions that would have been due to Braun in the years of career management. With this, the total to be paid reaches $ 31.5 million, about $ 175, 5 million.

Signs of breakage

Despite the recent announcement, the signs that the partnership was in crisis emerged over a year ago. In 2023, the magazine People He reported that the two had not been pronounced for months and that Bieber had recorded his new album without Braun’s involvement. Already in January of this year, fans noticed that the singer had stopped following the businessman on social networks.

Braun himself commented on the change in June, during an episode of Podcast The Diary of a CEO. “We worked together for so long and we had extreme success. But I think there is a time when you want to show that you can do it alone. I respect it completely,” he said.

Braun, who managed to artists like Ariana Grande AND Demi LovatoAnnounced in 2024 that he was withdrawing from musical management.

History of disputes

The end of the partnership occurs in a wider context of disputes involving Braun. In 2019, he purchased the rights of the original recordings of Taylor Swiftwho triggered a public dispute. The singer accused him of practicing “incessant and manipulative bullying” and said he sold his musical inheritance to the people who “tried to destroy him”.

Among the dispute, Bieber spoke on social networks to defend his then entrepreneur. The singer apologized for an old Instagram publication who had been considered offensive by Swift and said that the caption and publication were his and that Braun, contrary to what has been suggested, advised him not to play that way.

View this post on Instagram

The post shared by Justin Bieber (@lilbieber)

“The scooter has always supported you from the days when you kindly let me open your shows! Over the years, we have no longer crossed and we have not had the opportunity to talk about our differences, wounds or frustrations. So, bringing it to social networks and making people hate the people that the scooter is right. What were you trying to get that text? Placing that pursuit, his fans would have chased the scooter”

Source: Terra

Earl

Earl Johnson is a music writer at Gossipify, known for his in-depth analysis and unique perspective on the industry. A graduate of USC with a degree in Music, he brings years of experience and passion to his writing. He covers the latest releases and trends, always on the lookout for the next big thing in music.