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.
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