Heads up, music fans! Scott Borchetta, the mastermind behind Big Machine Records, is setting the stage for an exciting new chapter! 🎉 Since 2005, Scott's been the power player in bringing some of the biggest names in the music world to your playlist, and now he's off on a fresh, independent adventure!
Here's the scoop: After HYBE AMERICA scooped up Scooter Braun's Ithaca Holdings in a mega $1.05 billion deal in 2021, Scott stayed on as the CEO of Big Machine Label Group. But now, after helping shape the industry with so many artists, he's ready to take his talents beyond HYBE's vast empire.
In case you didn't know, Borchetta has been the force behind superstars like Thomas Rhett and Carly Pearce. And while he'll be stepping away from HYBE, fear not! HYBE AMERICA is all set to unveil a new label name and leadership direction very soon! 🚀
Isaac Lee, HYBE AMERICA's big cheese, shares nothing but admiration for Scott, saying, “Scott has made a lasting mark on the music industry with his sharp eye for talent and his unique vision.” And they're more than supportive of his bold leap into this new, entrepreneurial world.
As Scott goes off to build Big Machine's brand independently, he carries with him good vibes and deep appreciation for his partnership with HYBE. In Scott's own words, he's "incredibly appreciative" of his journey with HYBE and wishes them all the success in the world. 🌎💫
Stay tuned, because HYBE AMERICA is keeping the energy high with their eyes on future announcements and moves from Music City, Nashville! 🎶🤘