The industry mogul unofficially stepped back from managing top clients like Justin Bieber and Ariana Grande last year.
After 23 years,Scooter Braunis retiring from music management.
Braun mused in his lengthy statement.
Scooter Braun.Kevin Mazur/Getty
“I was really just 19 years old when I started.
And for 20 years I loved it.
Its all I had known.”
“The sacrifices I was once willing to make I could no longer justify.
It was time to step into a new role.”
You see, life doesnt hand you YOUR plan, it hands you GODs plan."
I will cheer for every single one of them."
Fans are eagerly awaiting the release ofReputation (Taylor’s Version)next.
Braun will also continue to be involved in his Braun Foundation.
He shares three children with ex-wife Yael Cohen.
Read Braun’s full statement announcing his retirement above.
