variety.com
03.04.2021 / 08:03
Ariana Grande, Justin Bieber, J Balvin to See Big Paydays From Scooter Braun Mega Deal
merger between BTS’ label HYBE and Scooter Braun’s Ithaca Holdings, Braun’s SB Projects roster of clients — among them Justin Bieber, Ariana Grande, J Balvin and Demi Lovato — are set to become significant shareholders in a capital increase meant to fortify the bond between both companies, according to a Korean regulatory filing.A total of 863,209 new shares were issued, at $186 a share — a commitment of $50 million from the purchase price of which Braun divvied up slices to the acts and