Scooter Braun officially retired from music management this week after a whopping 23 years in the industry, RadarOnline.com can report.
In a surprising development to come just two years after Braun unofficially stepped back from managing top artists like Justin Bieber and Ariana Grande, he announced on Monday that he was officially stepping back from being a manager.
Instead, Braun revealed that he would now focus on being CEO of HYBE America – the company that he sold his Ithaca Holdings company to in 2021 – as well as his family.
“23 years ago a 19 year old kid started managing an artist named Cato in Atlanta, GA and my journey began,” Braun, 42, announced in a lengthy statement this week.
“Along the way I have had so many experiences I could never have dreamt of,” he continued. “I have been blessed to have had a ‘Forrest Gump’-like life while witnessing and taking part in the journeys of some of the most extraordinarily talented people the world has ever seen.”
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“I’m constantly pinching myself and asking ‘how did I get here?’” he added. “And after 23 years this chapter as a music manager has come to an end.”
“The sacrifices I was once willing to make I could no longer justify,” Braun also acknowledged. “It was time to step into a new role.”