Justin Bieber is no longer working with his business manager, Lou Taylor, and has hired Johnny Depp’s financial manager, PEOPLE can confirm.
“They parted ways a few weeks ago in May,” a source says of Bieber and Taylor. “It was a mutual and seamless transition. It wasn’t a fit anymore.”
Bieber, 30, connected his companies — Bieber Time Touring LLC, Justin Bieber Brands LLC and Bieber Time Merchandise — with Taylor’s company, Tri Star Sports And Entertainment Group, in 2022.
The star’s longtime manager, Scooter Braun, is still managing the musician, per the source. “[Bieber’s] still in a contract and won’t be out of it for a long time,” they say.
Representatives for Bieber and Braun did not immediately respond to PEOPLE’s request for comment.
Lou Taylor on January 31, 2024 in West Hollywood, California.
Gregg DeGuire/Variety/Getty
Bieber has now hired…
