Paradigm–Wasserman deal ‘close to the finish line’

It should be announced in the next month that Paradigm’s music division has been absorbed by Casey Wasserman's Wasserman agency, according to Irving Azoff

Casey Wasserman founded Wasserman Media Group in 1998 © Stuart Isett/Fortune Brainstorm TECH

Paradigm Talent Agency and US sports agency Wasserman are believed to be close to finalising a deal that would see Wasserman take over Paradigm’s music business and assets.

Wasserman, led by founder and CEO Casey Wasserman, has been in acquisition talks with heavily indebted Paradigm since at least last summer, with Casey believed to be keen to absorb Paradigm’s usually profitable music division into his Wasserman business, which manages US$4.2 billion worth of contracts for athletes, sports broadcasters, team…

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