Scott Borchetta Leaves HYBE America, Plans Big Machine Relaunch

Scott Borchetta is leaving HYBE America and is making plans to relaunch Big Machine Records.

The North American arm of the Korean entertainment conglomerate acquired Big Machine Label Group from Scooter Braun’s Ithaca Holdings in 2021 and Borchetta had served as CEO of BMLG. Borchetta himself began Big Machine in 2005 with his first signing that of a then-16-year-old Taylor Swift.

Under the terms of his exit, HYBE will retain the assets, distribution deal, publishing and talent associated with BMLG. That roster includes Thomas Rhett, Brett Young, Midland, Justin Moore, Carly Pearce, Preston Cooper, Jackson Dean and Mae Estes. The label will be renamed, as the Big Machine brand will now be Borchetta’s.

“Scott has made a lasting mark on the music industry with his sharp eye for talent and his unique vision,” Isaac Lee, Chairman and CEO of HYBE America, said. “He recently approached us to ask for our support as he works to pursue a new, independent and entrepreneurial stage of his career, working to advance the Big Machine brand separately from Hybe. While we are sad to see Scott go, we understand – and want him to pursue his passions, and are grateful for all he did for the company.”

“I am incredibly appreciative of my partnership with Hybe over these last five years. Chairman Bang often talks of his fondness for entrepreneurs and he, Isaac, and the Hybe leadership team have extended that belief with this incredible showing of support by allowing me to continue to build upon my vision of the Big Machine Records brand,” Borchetta said. “For that, I am forever grateful and wish them nothing but continued and incredible global success.”