US agencies play down merger talk

A representative for APA has denied rumours that a deal to merge the company with Artist Group International is taking place at this time

AGI client Metallica

APA (Agency for the Performing Arts) has played down talk of a merger with fellow US talent agency Artist Group International (AGI).

New York’s AGI is owned by the Yucaipa Companies, the private-equity group controlled by billionaire investor Ron Burkle, which made a strategic investment in Los Angeles-headquartered APA in 2021.

Celebrity Access reports that rumours of the merger have been circulating in the business. However, an APA representative denied a deal was taking place at this time, but noted…

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