Scooter Braun

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Scooter Braun
Braun in 2022
Born
Scott Samuel Braun

(1981-06-18) June 18, 1981 (age 42)
New York City, U.S.
EducationGreenwich High School
Emory University
Occupations
  • Talent manager
  • record executive
  • businessman
  • investor
Years active2002–present
Organization(s)Hybe, SB Projects, TQ Ventures[1][2]
Labels
TitleCEO of Hybe America[3]
Founder of School Boy Records and co-founder of Raymond-Braun Media Group (RBMG)
Spouse
​
​
(m. 2014; div. 2022)​
Children3
Websitescooterbraun.com

Scott Samuel "Scooter" Braun (born June 18, 1981) is an American businessman, music executive, and talent manager. Musicians Justin Bieber, Kanye West, Ariana Grande, Demi Lovato and J Balvin have been among the clients managed by Braun through his entertainment company SB Projects.

Braun is the founder of American record label Schoolboy Records and the holding company Ithaca Ventures. He also co-founded TQ Ventures, Mythos Studios, and RBMG Records, and co-owns the esports team 100 Thieves.[4][2][5] He has been a board member of South Korean entertainment company Hybe Corporation since the company's full acquisition of Ithaca in 2021; Braun assumed the position of CEO of Hybe's United States subsidiary, Hybe America.[6]

Early life

Braun was born in New York City to Conservative Jewish parents, Ervin and Susan (née Schlussel) Braun.[7][8] Ervin's parents lived in Hungary until 1956, when they immigrated to the United States. Ervin grew up in Queens, and became a dentist and high-school basketball coach; Susan Schlussel Braun was an orthodontist.[9] After the couple married, they settled in Cos Cob, Connecticut.[10]

Braun has four siblings. He attended Greenwich High School, where he was elected class president.[8]

Braun attended Emory University in Atlanta, where he played college basketball until his sophomore year.[10] After Jermaine Dupri asked him to become the head of marketing at his So So Def label, Braun accepted the offer and dropped out of college before completing his degree.[11][12][13]

Career

Braun began organizing parties while studying at Emory University.[8][14] In 2002, Braun was hired to plan after-parties in each of the five cities on the Anger Management Tour, featuring Ludacris and Eminem.[8] This foray into the world of hip-hop led Braun to meet Jermaine Dupri, the director of So So Def Records. Braun was 19 years old when Dupri asked him to join So So Def in a marketing position, and 20 when Dupri named him So So Def's executive director for marketing.[15] Events organized by Braun in this era included parties for the 2003 NBA All-Star Game and after-parties for Britney Spears' 2004 Onyx Hotel Tour.[8][16] Braun left So So Def[11] in 2005, and a few weeks later brokered a $12 million campaign deal between Ludacris and Pontiac. After the Pontiac deal, Braun was hired as an entertainment consultant for the Atlanta Hawks.[8]

In 2008, Braun scouted 13 year-old Canadian singer Justin Bieber, whom he discovered by accidentally clicking on a YouTube video of Bieber singing. Braun pursued Bieber and his mother Pattie Mallette, eventually convincing Mallette to bring her son to Atlanta, to record demos and to meet Usher. Eventually, Braun convinced them to move permanently from Canada to the United States. Both Usher and Justin Timberlake expressed interest, and Bieber signed with Island Def Jam in partnership with Raymond-Braun Media Group (RBMG).[17][18] Braun signed Ariana Grande to his record label in 2013. Braun has also managed the careers of Psy, Tori Kelly, Carly Rae Jepsen, Martin Garrix, Kanye West, Black Eyed Peas, David Guetta, Lil Dicky, and others.[19] Braun assembled the biggest music-management company by acquiring half of the management companies of Jason Owens’ Sandbox Entertainment, Morris Higham, Brandon Creed, Troy Carter, and a partnership with Future and Drake.[9]

Film and television

Braun produced Never Say Never, a documentary about Bieber that MTV reported in 2011 as "one of the highest grossing music documentaries in domestic box-office history".[20] The film's budget was $13 million and earned over $100 million worldwide.[21] Braun was the executive producer of Burden, Demi Lovato: Dancing with the Devil, The Giver, The Boy from Medellin, and Project Runway among others.[9] Braun was also an executive producer for the CBS drama Scorpion, which aired from 2014 until 2018.[22] In 2018, Variety reported that FX had ordered a pilot of Dave, a comedy executive-produced by Braun that included actor Kevin Hart and rapper Lil Dicky.[23] In its first season, Dave was the most-watched show in FX history.[24][25] In July 2019, his company SB Projects agreed to a first-look deal with Amazon Studios that included television and film scripts.[26] Braun’s SB Projects has film and television projects at Amazon, Netflix, Hulu, and Fox.[26]

SB Projects

In 2007 Braun established SB Projects, an entertainment and marketing company encompassing a range of ventures including Schoolboy Records, SB Management, and Sheba Publishing, a songwriting firm.[27][28] The group also included RBMG, a joint venture between Braun and Usher. School Boy Records had a music distribution arrangement with Universal Music Group. In early 2013 Ariana Grande was signed to Braun's management and in 2016, Grande's label, Republic Records confirmed that Braun served as her main manager handling all aspects of her career.[29][30] SB Ventures also handled television campaigns, branding, music-licensing deals, and tour sponsorships—including Bieber's Calvin Klein endorsement for the 2016-2017 Purpose World Tour.[31] The company also brokered a partnership between Kanye West and sneaker brand, Adidas.[32][33]

In August 2023, mainstream media reported that Grande, Lovato, J Balvin, Idina Menzel and Carly Rae Jepsen have terminated their contracts with Braun.[34][35][36] Bieber was also reported to have parted ways with Braun, but Bieber's spokesperson denied the news.[37][38][39] Variety reported that Grande has decided to form her own management team similar to that of Taylor Swift "whereby management personnel are paid a healthy annual salary rather than by commission."[40]

Braun (left) onstage at TechCrunch Disrupt SF 2019 with Matthew "NadeShot" Haag and TechCrunch Editor Jordon Crook

Ithaca Holdings

Ithaca Holdings, Braun's holding company that includes SB Projects, raised $120 million in 2010 for venture capital.[2][41] Media outlets reported that Ithaca, with $500 million under management as of 2018, would back GoodStory Entertainment, a collaboration between Braun and entertainment executive J. D. Roth, in acquisitions for unscripted, live event, and documentary films.[42][43] The purchase of Big Machine Records by Ithaca and his private equity shareholders in 2019 resulted in a highly publicized dispute and controversy with American singer-songwriter Taylor Swift regarding the ownership of the masters of her Big Machine albums. In August 2023, it was reported that some artists in his roster, including Grande, Lovato, Balvin, Idina Menzel and Carly Rae Jepsen had terminated their respective management contracts with Braun. In June 2019, Ithaca acquired Big Machine Label Group in a purchase that included the masters to the first six albums of singer-songwriter Taylor Swift.[44] Its founder Scott Borchetta remained with the company as CEO as a minority shareholder in Ithaca.[45][46] In 2020, Ithaca Holdings sold the six-album masters to Shamrock Holdings for a reported $405 million, making Ithaca a $265-million profit after buying at a $140 million valuation as part of the $330-million Big Machine Label Group.[47][48] The deal netted Braun close to $400 million in profit on the rest of Big Machine.[48]

In April 2021, South Korean company Hybe announced that it would acquire Ithaca Holdings from Braun and Carlyle via the subsidiary Hybe America in a deal estimated to be around $1.05 billion.[6] As part of the sale, Braun would become Hybe America's CEO and join Hybe's board of directors.[49][50] On May 31, 2022, Braun met with BTS and US President Joe Biden at the White House to discuss the recent rise in anti-Asian hate crimes.[51]

In 2023, Hybe acquired Quality Control Music for $300 million, with Kevin “Coach K” Lee and Pierre “P” Thomas maintaining control of the label under Braun.[52]

Dispute with Taylor Swift

See also: Taylor Swift masters controversy

In June 2019, as part of its purchase of Big Machine Records, Ithaca acquired the masters for the first six albums by American singer-songwriter Taylor Swift. Swift condemned Ithaca's purchase,[53] and denied the claims by Big Machine's former president, Scott Borchetta, who said that Swift declined an opportunity to buy the masters.[54]

Mythos Studios

In 2018, The New York Times reported that Braun had joined David Maisel, founding chairman of Marvel Studios to form Mythos Studios to produce comic book movie franchises in live-action and animated formats.[55][56][57]

Investments

A prolific investor, Braun is a partner in TQ Ventures.[58][59] Braun was an early investor in Uber, Spotify, Waze, DropBox, Pinterest, Lyft, Ro, Noom, Liquid I.V., among others.[60] The acquisition of holdings company, Ithaca, pushed Braun's net worth above $1 billion in 2021.[61]

Awards

In 2012, Braun was awarded an ACLU Bill of Rights award.[62] In 2013, Braun was included in the annual Time 100 list of the most influential people in the world.[63] He also appeared a second time on the cover of Billboard in its April 20, 2013, issue, alongside Guy Oseary and Troy Carter.[64] In 2016 Scooter won the award for "Best Talent Manager" at the 3rd annual "International Music Industry Awards" presented by Shazam at the 12th annual MUSEXPO in Los Angeles.[65]

Braun was nominated as a producer and writer for two Grammy Awards, in 2017 and 2022.[66] In 2017, Braun appeared on the covers of both Variety magazine's Hitmakers issue and Success magazine's Gratitude issue.[67][68] One Love Manchester was a benefit concert and British television special on 4 June 2017, organized by American singer Ariana Grande, Simon Moran, Melvin Benn and Braun in response to the Manchester Arena bombing after Grande's concert two weeks earlier.[67][68]

In 2018, Braun was honored with the Music Biz 2018 Harry Chapin Memorial Humanitarian Award for his philanthropic efforts in 2017.[69] He also received the Save the Children's Humanitarian Award that year.[70]

ln 2019 he was inducted to the Midem Hall of Fame.[71] In 2020, Fortune named him in its "40 Under 40" list in media and entertainment.[72][73] In 2021, Braun was named Variety magazine's "Music Mogul of the Year."[74]

Politics

Braun hosted a fundraiser for Hillary Clinton at his home in 2015.[75] In 2019, he hosted a fundraiser for the Kamala Harris 2020 presidential campaign.[76][77] He supported developer Rick Caruso in the 2022 Los Angeles mayoral election.[78]

Philanthropy

Braun is involved in various charities including the Braun Family Foundation.[79][80][81] He also assists with his brother Adam's charity, Pencils of Promise.[82] Billboard reported that as of 2017, Scooter Braun—along with clients and his companies—have granted more wishes for the Make-A-Wish Foundation than any other organization in the history of the foundation.[83] Braun was honored with the Humanitarian Award at the 2016 Billboard Touring Awards for his philanthropic support of Pencils of Promise, the Make-A-Wish Foundation, and Fuck Cancer.[84] Braun and actor George Clooney were major forces behind March for Our Lives and aided in fundraising efforts behind the scenes.[85] In 2017, Braun was an organizer behind “Hand in Hand” a telethon that raised $55 million for relief from Hurricane Harvey and Irma.[86]

Braun coordinated a charity single, "Stuck With U", by Justin Bieber and Ariana Grande to raise money to mitigate the COVID-19 pandemic.[87] All net proceeds from the song went to the First Responders Children's Foundation to fund grants and scholarships for children of first responders and health care workers who worked on the front lines during the pandemic.[88] In 2023, Braun joined the board of the Make-A-Wish Foundation.[89]

Personal life

In 2013, Braun began dating Yael Cohen.[90][91][92] The couple wed on July 6, 2014, in Whistler, British Columbia, Canada, at Cohen's parents' house.[93][94] They had a son in 2015,[95][96] another son in 2016,[97] and a daughter in 2018.[98][99][100] Braun filed for divorce in July 2021,[101] which was finalized in September 2022.[102]

Filmography

Year(s) Title Notes Credited as Ref.
2011 Never Say Never Documentary Producer [20]
2014–2018 Scorpion TV series Executive producer [22][21]
2015 Jem and the Holograms Film Musical producer [103]
2016 Radio Disney Music Awards TV show Creative executive producer [104]
2020 Karma TV series Co-creator [105]
2020–2022 Dave TV series Executive producer [23]

References

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  100. ^ James McClain (January 21, 2020). "John Travolta Quietly Sells Longtime Brentwood Compound to Scooter Braun". Variety. Retrieved February 6, 2021.
  101. ^ Curto, Justin (July 21, 2021). "Scooter Braun Divorcing Wife Days After Seventh Anniversary". Vulture. Retrieved July 22, 2021.
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  103. ^ Ford, Rebecca (October 23, 2015). "Scooter Braun on How Justin Bieber Inspired 'Jem and the Holograms' (Q&A)". The Hollywood Reporter. Retrieved March 14, 2022.
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  105. ^ Bronkhorst, Johannes (August 24, 2011), "Competitors of Karma", Karma, University of Hawai'i Press, pp. 97–103, doi:10.21313/hawaii/9780824835705.003.0006, ISBN 9780824835705, retrieved March 14, 2022

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