As talent firms undergo rounds of cost-cutting amid the pandemic,Ron Burkle is making a new foray into the representation business with a strategic investment in APA agency.
Financial details weren't disclosed but the APA deal is described as a major non-equity financial investment from Burkle'sYucaipa Companies firm.
The mid-sized talent agency, founded in 1962, is led by president and CEOJim Gosnell. "With so much uncertainty in the entertainment industry, we’re very pleased to be collaborating with a person and a companysoin sync with our vision for the future of our business," said Gosnell.
Read more on hollywoodreporter.com
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