Knock, knock, knock!
As he was processing documents, a knocking sound came from outside his office.
Thinking it was Ivanka, he called out for the visitor to come in.
But when the door opened, the person who entered was a man with light brown curly hair, wearing a gray suit, tall and skinny.
Scooter Braun, President of SB projects entertainment company.
In April, after the private video incident, Link Music struck a deal with SB projects, wherein Link Music exchanged 5% of its shares for a 38% stake in SB Entertainment and a 50% management contract for Justin Bieber.
At the time of the transaction, Link Music's market value was between $200 million to $240 million, so 5% of its shares were worth about $12 million US Dollars.
After successfully launching Justin Bieber, SB Entertainment was valued at around $60 million to $80 million, making the 38% stake worth about $25 million US Dollars, plus the contract for Justin Bieber, valued at over $45 million US Dollars.
