Scooter Braun has announced his retirement after 23 years in the music industry.

Braun will focus on his roles as a board member of Hybe and CEO of Hybe America.

He confirmed he is no longer managing Ariana Grande but they continue to collaborate.

Despite speculation, Braun clarified his roster has day-to-day managers who consult with him.

He addressed his ownership of Taylor Swift's master recordings and her decision to re-record her albums.

Braun expressed his future goals for Hybe and Big Machine Records, acquired in 2019.

He emphasized his commitment to investing in entrepreneurs and philanthropy in the entertainment industry.

Fans eagerly anticipate Taylor Swift's re-recorded album 'Reputation (Taylor's Version)' following his retirement.