Where Justin Bieber and Manager Scooter Braun Really Stand Amid Rumors They've Parted Ways

Despite recent rumors purporting that the pop superstar professionally parted ways with his longtime manager

reps for both Justin and Scooter denied the claims to E! News on Aug. 18.

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The fallout speculation comes eight months after Justin sold his entire music catalog to

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United Kingdom-based investment company Hipgnosis Songs Capital for a whopping $200 million.

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At the time, Merck Mercuriadis, founder and CEO of Hipgnosis Song

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Management, credited Scooter for helping the singer "build a magnificent catalog."

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