US EditionJustin Bieber to Pay Scooter Braun $31.5 Million After Financial Fallout
UNITED STATES, JUL 10 – Scooter Braun’s Hybe paid Bieber’s $26 million AEG debt; Bieber will repay Hybe over 10 years and settle $11 million in unpaid commissions, sources said.
- Justin Bieber has settled a financial dispute with Scooter Braun, agreeing to pay $26 million to Braun's company, Hybe, for an advance related to the tour.
- Braun's company will recover half of the $11 million Justin allegedly owed in unpaid commissions.
- An audit revealed that Justin owed Braun $8.6 million in unpaid commissions, which Braun waived.
- Reports indicate Bieber faced financial difficulties, including selling his music catalog for $200 million in 2022.
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'Broke' Justin Bieber finally settles millions of dollars of debt but loses his saviour in the process
It’s a new dawn for Justin Bieber. He just dropped an album, and most importantly, he just settled his $8 million debt. Bieber’s recent financial woes have been well documented. In 2022, he sold his entire music catalogue for $200 million, and according to Page Six, even that decision was motivated by his rising debt that reportedly placed him on the brink of going broke. TMZ executive producer Harvey Levin portrayed the sale as a desperate last…
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Total News Sources15
Leaning Left3Leaning Right2Center2Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 29%
R 29%
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