Overview

• The settlement obligates Bieber to fully reimburse Hybe the $26 million advance originally paid to AEG following his early Justice tour cancellation.
• He will also repay $5.5 million representing half of the $11 million in unpaid commissions Scooter Braun’s team had claimed over the years.
• Braun agreed to forgo an additional $8.6 million in commissions uncovered by a May PricewaterhouseCoopers audit.
• The deal brings closure to a 15-year artist-manager partnership that ended in early 2023 and follows Braun’s shift from HYBE America CEO to consultant.
• Renewed negotiations were triggered by the PwC audit findings and a June TMZ documentary, leading to the finalized terms this week.