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
News By IQ | 4 March 2021
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 coaches/managers and more.
(adsbygoogle = window.adsbygoogle || []).push({});
He also formerly owned the Los Angeles Avengers American football team and led Los Angeles’ successful bid to host the 2028 Summer Olympic games.
Reporting in June, The Wrap described how Tom Gores, the younger brother of Paradigm founder and CEO…
You've used your free article this month
Create a free account to read 3 articles per month, or subscribe for unlimited access.
