Hollywood Talent Giant Draws Suitors Amid Epstein Fallout
The New York Times • • business
Key Points:
- Several investors, including United Talent Agency, private equity firm Permira, Patrick Whitesell, and a group with Reddit co-founder Alexis Ohanian, are interested in acquiring at least the founder’s stake in the talent agency now called The Team.
- The deadline for submitting formal expressions of interest is Monday, with uncertainty about which potential investors will formally bid.
- The agency’s founder, Casey Wasserman, who announced plans to explore a sale amid backlash over his emails to Ghislaine Maxwell, plays a key role in deal negotiations.
- The agency rebranded from Wasserman to The Team in March to distance itself from Wasserman following the controversy.
- The Team represents high-profile clients across sports, music, and entertainment, including Coldplay, Ed Sheeran, Kendrick Lamar, and Brad Pitt, making it an attractive asset for investors.
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