HYBE

Scooter Braun's Ithaca Holdings sold for $1.05 billion

Scooter Braun sold Ithaca Holdings to Korean entertainment conglomerate HYBE (owner of BTS rights) for $1.05 billion. He had earlier acquired Big Machine, holding Taylor Swift's masters, for $300 million.

“So they sold for $1.05 billion and he had acquired that Big Machine, like, label thing with Taylor Swift's rights for $300 million back then.”