I want to talk about some big breaking news in the music industry involving Justin Bieber Scooter Braun and Taylor Swift as many of you probably know Justin Bieber just fired his longtime manager Scooter Brawn not only that.
but Bieber is now suing Braun over a controversial business deal involving the sale of Bieber's music catalog rights according to the gossip site DUI Moi Braun recently negotiated the sale of Bieber's catalog for a massive 200 million dollars however Bieber apparently only got a small cut of that money with the majority going to his record label producers songwriters and Scooter Braun himself needless to say Bieber was not happy about this given that it was his catalog that was sold he expected to receive the Lion's Share of that 200 million dollars so he decided to part ways with scooter and is now suing him to get what Bieber feels is rightfully his now for those of you who aren't familiar Scooter Braun is one of the most powerful figures in the music industry he manages huge stars like Justin Bieber and Ariana Grande but he's also highly controversial back in 2019 Braun was involved in a major Feud with our pop star Taylor Swift let me break this down real quick Taylor used to be signed to a label called Big Machine all of her first six albums were under their label but then her contract ended and she left big machine in 2018 to go to another label here's where Scooter comes in in 2019 Scooter Braun bought big machine records for 300 million dollars this meant that he now owned the rights to Taylor's First six albums not Taylor herself as you can imagine Taylor was Furious about this she pleaded for years with big machine to give her a chance to buy back the rights to her own music but they refused and then big machines sold everything including Taylor's work to scooter behind her back Taylor called it her worst case scenario since she and scooter have a difficult history scooter manages artists like Kanye West and Justin Bieber who Taylor has feuded with in the past it revived their whole Feud and resulted in a lot of bad blood between Taylor and scooter so when he bought her music out from under her in 2019 she saw it as an act of bullying and revenge Taylor posted a long rant online accusing scooter of trying to sabotage her Legacy and Destroy her work scooter maintained he was excited to work with her going forward but Taylor said she may even need to re-record her entire back catalog to gain control of her Masters it was a huge ordeal in the music Biz and now here we are in 2023 and it's happening again with Justin Bieber firing scooter and suing him over similar music rights issues it really makes you wonder is Scooter Braun just incredibly shrewd at business looking out for himself and his clients or is he manipulative and unethical structuring deals that benefit him most at the expense of artists like Taylor and Justin I don't know the full details here but it sure seems suspicious that both Taylor and now Justin have accused scooter of cheating them out of the full value of their music rights this latest lawsuit could really damage Scooter's reputation if Justin provides evidence of any misconduct or funny business but scooter is also super powerful
with high-priced lawyers so I doubt he'll go down without a fight big picture though this whole situation shines a light on the dark side of the music industry Young Artists get tied into long complex contracts early on and later when they become hugely successful companies and managers can still manipulate control and ownership of their work Taylor Swift's Masters being sold out from under her and now Justin Bieber having his catalog leveraged for a huge payout but only seeing a fraction of it these realities are so disappointing and frustrating as a fan but they are the realities of the recording business it shows how crucial it is for artists to read contracts carefully seek legal advice and try to negotiate favorable terms when they're first starting out because you never know when your work can take off and be worth hundreds of millions you want to control your Creations as much as possible anyway that's the scoop on this new Bieber bronze Swift controversy let me know what you think down in the comments who side are you on in all this music drama and what do you think it says about ethics in the industry I'm looking forward to your thoughts I know one thing guys karma is a relaxing thought be sure.
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