Wasserman Music's Turmoil Calms Down as Name Change, Sale Move Forward
Variety • • sports
Key Points:
- Casey Wasserman, founder of Wasserman Agency, is selling the agency amid controversy surrounding his presence in Epstein files and allegations of affairs, leading to a rebranding and sale process expected to take months.
- The agency’s music division has stabilized with most executives and artists adopting a wait-and-see approach, though some artists like Chappell Roan and Laufey have left, and a few agents resigned in solidarity.
- Reports of high-profile artists like Billie Eilish and Imagine Dragons leaving the agency have been clarified: Eilish left prior to the allegations, and Imagine Dragons are still in talks with Wasserman while exploring other agencies.
- Potential buyers are more likely to be private equity firms or individuals rather than major agencies like CAA
