Demi Lovato is parting ways with Braun, 42, a source claimed to Variety on Tuesday that Braun is “getting out of management — he has been for years.
That’s the real story.”However, a music industry source with knowledge of the situation told The Post, “All of Scooter Braun’s clients are under contract and negotiations have been going on for several months as Scooter steps into his larger role as HYBE America CEO,” they said, referring to the South Korean entertainment corporation behind K-pop megastars BTS.The insider continued, “People are spreading rumors based on what they know, but they are off.
Scooter’s team at SB Projects are still handling both Justin [Bieber] and Ariana [Grande] as they work through what this new structure looks like.”Billboard reported Monday that Grande dropped Braun as her manager after Puck News published a story on an alleged rift between Braun and Bieber.
However, reps for Braun and Bieber denied those claims.Grande’s team has not commented on allegations but a source told Page Six that “people are spreading rumors based on what they know, but they are off.”On Tuesday, Braun tweeted, “Breaking news… I’m no longer managing myself.The Post has contacted reps for Braun for comment.
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