Music Stars Watch, Wait as Wasserman Agency Rebrands

The Wasserman Agency is set to be sold amidst ongoing scrutiny following revelations concerning founder Casey Wasserman's inclusion in Epstein-related files. A rebranding is reportedly underway, with a new agency name anticipated as early as next week, although the sale itself is expected to extend over several months. This period has seen some artist departures, including Chappell Roan and Laufey, with other prominent clients reportedly considering their options.

Complicating the situation is the spread of misinformation, making reliable information scarce. While some high-profile artists are rumored to be leaving or considering it, official reports confirm only two agents have resigned: Kiely Mosiman and Jackie Nalpant, who represented Chappell Roan. The agency's music division, comprising over 400 employees, faces significant overhead and concerns about booking profits, even as it boasts a strong presence at events like Coachella.

Acquisition talks involving major players like CAA and UTA have not materialized, with a sale to private equity or an individual investor appearing more probable. The agency's structure is largely a collection of previously acquired entities. Ultimately, the resolution of issues surrounding the founder's conduct and the agency's name may influence whether artists and employees return under new ownership.