Scooter Braun is retiring from artist management after more than two decades. Braun, known for managing major music stars like Justin Bieber and Ariana Grande, says he will now focus instead on his role as a board member and CEO of the U.S. division of HYBE, the South Korean entertainment giant. He shared the news in a lengthy social media post, writing, "23 years. That's how long I have been a music manager ... Along the way I have had so many experiences I could never have dreamt of."
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00:00Scooter Braun is retiring from artist management after more than two decades.
00:05Braun, known for managing major music stars like Justin Bieber and Ariana Grande,
00:09says he will now focus instead on his role as a board member and CEO of the U.S. division of HYBE,
00:14the South Korean entertainment giant. He shared the news in a lengthy social media post, writing,
00:20"'23 years. That's how long I have been a music manager.
00:23Along the way I have had so many experiences I could never have dreamt of.
00:27I have been blessed to have had a Forrest Gump-like life while witnessing and taking
00:31part in the journeys of some of the most extraordinarily talented people the world
00:35has ever seen. I'm constantly pinching myself and asking, how did I get here?'
00:39And after 23 years, this chapter as a music manager has come to an end."
00:43Braun rose to fame and acclaim with Bieber, who he helped discover. He helped to build Bieber's
00:47career and subsequently built a roster of A-list talent that included Grande,
00:51J Balvin, Demi Lovato, Dan and Shay, and many others.
00:56In his post, he gave special shout-outs to many of the artists that he's worked
00:59with over the years, including Bieber and Grande. He wrote,
01:03"'Justin and Ariana were both teenagers when I began with them.
01:06Justin a 13-year-old kid busking in Canada and Ariana a young actress on Nickelodeon.
01:11To see them both come up to be the legends they are today will forever be one of my greatest
01:15honors. As we change our working relationships now, I will continue to root for them with the
01:20same passion that I did at each of their humble beginnings."
01:22For much more on this story and all the latest news,
01:25head to THR.com. This is The Hollywood Reporter News.