One of Hollywood’s largest rosters of music clients is moving under new ownership. Paradigm Talent Agency has agreed to sell itsNorth American live music representation business to Casey Wasserman’s lifestyle marketing and management firm, the agency said.
The acquisition is expected to close in the second quarter of this year and the untitled music division will operate as a stand-alone unit.Terms of the deal weren’t disclosed. “This agreement is a win for all parties and a vital step on the restructuring path we embarked upon more than a year ago.
It represents an important transition for the incredible music agents of Paradigm and the artists they so brilliantly serve," said Paradigm chairman Sam Gores.
Read more on hollywoodreporter.com
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