Scooter Braun announced his retirement from managing.

On June 17, Scooter Braun revealed that he will be retiring from his management career and will remain as the CEO of HYBE America. He shared through his Instagram that he will be concluding his 23-year management career. He wrote, "23 years. That's how long I have been a music manager...And after 23 years this chapter as a music manager has come to an end." He continued, "In this next chapter, I have been honored to join as a board member of Hybe and serve as the CEO of Hybe America."

Korean netizens reacted to the news that Scooter Braun would be remaining as the CEO of HYBE America and retire from management. They commented in a popular online community:

"It's hilarious that he's remaining in HYBE."

"What does he mean he's retiring from management but he's remaining at HYBE?"

"If he's retiring, why doesn't he retire completely?"

"lol..."

"I guess he's going to spend his time playing golf at HYBE."

"Isn't he still young?"

"So he said he's going to concentrate on HYBE America."

"He's retiring but why is he remaining at HYBE?"

"I respect him. He discovered Justin Bieber while he was a college student in Atlanta."

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