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
News By James Hanley | 10 May 2023
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…