The Raymond-Braun Media Group and School Boy Records were both founded by Scooter Braun. Ervin Braun and his wife Susan Braun gave birth to him in New York City, in the United States. When one of the greatest US musicians, Taylor Swift, accused this prominent talent agent of selling the master rights to her recordings, many people became familiar with him. Scooter Braun has a stellar reputation in the American music industry, despite this online incident. His parents had led quite traditional lives back then because they were of Jewish descent. Scooter Braun’s parents were born and raised in Hungary. Scooter was born on June 18, 1981, in the US after his parents fled to that country in 1956.
Hurry up and find out Scooter Braun’s net worth! Time’s a-tickin’!
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Scooter Braun Net Worth
American music manager Scooter Braun has a $500 million fortune. Justin Bieber helped establish Scooter Braun’s career. In 2006, Scooter found Bieber on YouTube when he was just 12 years old. Scooter established an empire that presently includes artist management, song catalog investments, and much more on the back of Justin’s great career success. Scooter sold Ithaca Holdings, his music investment company, to a South Korean group in April 2021 for $1 billion. Later in this essay, we’ll talk more about these transactions.
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Scooter Braun HYBE America Just Scooped Up Quality Control In A Deal Reportedly Worth $300 Million!
The Scooter Braun-led HYBE America has acquired Quality Control for an estimated $300 million. The New York Times reports, adding that the official purchase price wasn’t made public, “The company is a branch of the South Korean entertainment company HYBE, which dominates the K-pop world through its management of the superstar group BTS.” CEO Braun told the publication that QC is “one of the most important independent labels in the world.” “They not only disseminate music but also culture. Their artists serve as the communities’ voices.
QC has been sold for $300M to Hybe America, a company led by the executive and talent manager Scooter Braun. pic.twitter.com/zj0nSErMaW
— SAY CHEESE! 👄🧀 (@SaycheeseDGTL) February 9, 2023
Scooter’s delight for the transaction was echoed by Quality Control’s CEO Pierre “P” Thomas and COO Kevin “Coach K” Lee, who co-founded the illustrious Atlanta label in 2013. Asserting that nothing matters more than our artists having a global influence, Coach K said, “P and I are thrilled by this cooperation with Scooter and HYBE and are convinced they can get us to the global objectives we’ve had in our scope from the inception of our firm.”
Source-Complex
“HYBE is the ideal partner for Quality Control as we join forces to take our story and work global,” P continued. Key partners like these that understand starting from scratch and aiming high are necessary to expand QC globally. We value highly their understanding of culture and a keen awareness of what QC has created and its almost unlimited potential. Our first concern is the QC artists, and this partnership will greatly advance their interests. Share the love! Spread this article with your squad and keep coming back to Serve Update for more content.
