Casey Wasserman Acquires Paradigm Agency’s North American Music Assets
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variety.comJem Aswad Senior Music EditorAfter months of rumors, Paradigm Talent Agency and Casey Wasserman have announced an agreement in principle under which Wasserman will acquire Paradigm’s North American live music representation business and form a new operating unit, reps confirmed to Variety.
Details of the new company including name and configuration will be shared by new owner Wasserman after the transaction closes, expected in the second quarter of 2021.
According to announcement, the agreement to divest the music assets is the latest in a series of restructuring steps that were initiated by Paradigm CEO Sam Gores prior to the coronavirus pandemic but accelerated when the pandemic began to disrupt the entertainment industry and force.
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