Entertainment

Why Is Scooter Braun Stepping Down as CEO of HYBE America?

What does it start to the following?
Photo: Jesse Grant/Getty Em.

All seven members of BTS Direct For the first time in years on July 1, which means that this may be only the second day of today’s news that comes out of Hybe: Scott “Scotter” Braun stepped as CEO of Hybe America, with plans to follow up on new projects outside the company. per PlateHe has not left yet. Instead, he will move to a consultant role in Hybe Board of Directors and works as a great advisor to the Chairman and CEO of Bang Si-Hyuk. Does this mean more? Disneyland flights with Katseye members? Not necessarily.

Brown told the employees on Monday’s call that he “does not go anywhere” and will continue “to direct” artists in the Hybe list, he said Hollywood ObserverKatseye naming as one of the projects in which Brown will remain involved. Brown also remains the second largest individual contributor to Hybe. According to what was reported, his movement was part of a five -year plan that started when Braun sold Ethaka Holdings to Haib in 2021. Supporter of Israel Or a Taylor Swift’s enemy. Either way, he has not completely left the company yet.

Why does it change his role at all? According to Brown, Brown is preparing to focus on a new project outside Hybe, although it is not clear how it looks like that. Only a mysterious press release says that his next steps “will reflect his cross, cross -crossing vision and fixed ability to develop culture on a large scale while continuing to focus on his charitable efforts.” Meanwhile, Bang on Brown praised his contributions to creating an “ambition” of Hibi in the United States market. “I am very grateful to his leadership, his smart instincts, and his firm passion for artists,” he said in a statement. “We wish him a great success in the next exciting chapter and we look forward to continuing our partnership in implementing Hybe’s global vision.”

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