Overview

• Justin Bieber agreed on July 10 to pay Hybe $31.5 million, covering a $26 million advance for his canceled 2022 Justice tour plus half of $11 million in unpaid commissions.
• Under the settlement, Bieber will not remit funds until proceeds from Hailey Bieber’s sale of Rhode to e.l.f. Beauty have fully closed and been deposited.
• The agreement awards Bieber ownership of his music masters and directs all payments to Hybe, with none of the money going to Scooter Braun personally.
• Hailey Bieber’s representative has publicly stated that her $1 billion beauty‐brand transaction is legally separate from her husband’s debt settlement.
• Sources say the Rhode sale funds are expected in the next one to two months, at which point Bieber’s repayment to Hybe will proceed.