Scooter Braun’s label teams up with billionaire David Geffen’s former record company to create ULTIMATE ‘global girl group’ in talent search docuseries for Netflix

Two record labels behind some of the world’s biggest stars are teaming up to create the next big “global girl group” in a years-long process that will be captured on camera for an upcoming Netflix docuseries.

HYBE, the label that recently appointed Scooter Braun as the sole CEO of its US operations, and Geffen Records – founded by billionaire music mogul David Geffen – have joined forces for this epic musical project.

The goal is to create a one-of-a-kind girl group that will be the next big thing in the music world, and the joint venture marks the first time a major US record label and K-pop entertainment leader have joined forces. expertise in discovering artists.

Spearheading the collaboration is HYBE’s Chairman, Bang Si-Hyuk, and Interscope Geffen A&M’s Chairman and CEO John Janick, and they have now revealed who the 20 lucky participants are.

Huge move: HYBE Chairman Bang Si-Hyuk has joined forces with Geffen Records to create the ultimate ‘global girl group’

Lucky ladies: Twenty young women were selected after more than 120,000 applications were submitted for the exciting project

Still together: It has been reported that Ariana Grande is still working with Scooter and has signed a contract with HYBE

The young women were selected after more than 120,000 submissions since HYBE and Geffen Records announced the joint venture, HYBE x Geffen Global Girl Group Audition, in November 2021.

Music fans will know HYBE because Scooter, 42, is the US CEO of the label and it was recently revealed that his regular client, Ariana Grande, signed a five-year contract with HYBE just a month ago.

It was reported that the 30-year-old singer had ‘dumped’ Scooter after working together for many years, but it turned out that the ‘rumours’ about Ariana and the manager ending their business relationship were false.

A source claimed that the pair actually “negotiated” new contracts as the manager moved into his new role at HYBE America.

“Contract negotiations have been going on for several months now,” as Scooter focuses less on managing clients and more on “his expanded role as CEO of HYBE America,” the insider told DailyMail.com.

“People spread rumors based on what they know, but they’re wrong,” they said.

“The SB Projects scooter team is still working with both Justin (Bieber) and Ariana as they figure out what this new structure looks like.”

Scooter joined forces with HYBE – the South Korean entertainment group behind K-pop group BTS – in 2021 and was subsequently appointed CEO of the US division.

Happier times: Scooter pictured with a young Justin Bieber in November 2012

Music mogul: Billionaire David Geffen founded Geffen Records in 1980. Pictured here in 2021

Work hard, play hard: Father of three seems unbothered by dumping rumors and enjoys summer in Europe

Meanwhile, Geffen Records was founded in 1980 by billionaire music magnate Geffen and has released music from artists such as Donna Summer, John Lennon, Olivia Newton-John and Nirvana.

The 80-year-old has an estimated net worth of $10.8 billion, making him one of the richest people in the entertainment industry.

In 1990, Geffen Records was sold to MCA Records, with the mogul receiving shares of the latter worth $550 million. A year later, Matsushita Electric acquired MCA and paid Geffen a whopping $670 million.

He continued to run the label before leaving Geffen Records in 1995, but he’s still a part of the music and entertainment industry and recently welcomed none other than Oprah Winfrey to his $400 million superyacht Rising Sun in July.

Other A-listers who have holidayed aboard in the past include Tom Hanks, Barack and Michelle Obama, Mariah Carey, and even Jeff Bezos.

More famous faces who have ventured onto the mega yacht include Sir Paul McCartney, Bruce Springsteen, Chris Rock, Leonardo DiCaprio, Katy Perry and even Scooter.

Group photo: Scooter (right) on vacation with David (second from right), Jeff Bezos (second from left), and Lauren Sanchez (left) in August 2019

The good life: David regularly welcomes celebrities on his $400 million superyacht Rising Sun

Good friends: David and Scooter pictured together at model Karlie Kloss’s wedding in 2018

It appeared the father-of-three was partying with friends on a yacht this week, but it’s not certain if it was David’s boat.

Scooter shared several videos on Instagram of him and his friends singing songs, including Don’t Stop Believin’ by Journey and a song by Usher.

Scooter reportedly has a net worth of over $500 million and has managed singers like Demi Lovato, Carly Rae Jepsen, and Idina Menzel in the past.

Just last week, pop sensation Bieber denied that he was parting ways with Scooter after 16 years of working together.

The 29-year-old singer, who was first scouted and signed by Scooter as a 13-year-old, hit back at claims he was on the hunt for new management, that the pair hadn’t spoken in months and that “lawyers were involved” .’

A spokesperson for the pair told DailyMail.com: “Representatives from all parties confirm that this is not true.”