Wasserman Music acquires Paradigm's UK live business by Andre Paine April 26th 2022 at 4:00PM In a deal that expands the agency's global client roster and its European footprint, Wasserman. Wasserman (formerly Wasserman Media Group) is a sports marketing and talent management company based in Los Angeles. }, two + = 7 .hide-if-no-js { The best of MBW, plus the most important music biz stories on the web. Talent management company Wasserman launched Wasserman Music on Wednesday after completing a year-long negotiation to acquire Paradigm Talent Agency's music assets. We have always seen ourselves as the alternative, and that fits better today than ever before.. Mike Malak is a partner at the global agency, Wasserman Music, where he strategically builds the careers of both emerging and established artists in the live space. Paradigm plans to enter into a shared services agreement with Wasserman to ensure continuity of service to all music clients for its talent and literary services. Sam Gores, majority shareholder of Paradigm Music UK, stated "The UK music partners are an exceptional group, and we congratulate them on this new chapter." Search our world-class roster, and explore music booking agents & artist info. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation & Air-Conditioning), Aboriginal, First Nations & Native American, https://mma.prnewswire.com/media/1802119/WassermanMusic_Logo_Icon_Red_Logo.jpg. An email confirmation will be sent to you shortly. One of them has 100m streams. ", We now have a truly scalable and serviceable global music practice, Sam Gores, majority shareholder of Paradigm Music UK, said: The UK music partners are an exceptional group, and we congratulate them on this new chapter.. The latter deal took place earlier this week and comes a year after the launch of Wasserman Music, which itself followed the completion of its acquisition of Paradigm's North American live music business.. Paradigm UK, it bears highlighting, encompasses the team of the agency formerly known as Coda. How to License Your Music Directly From Your Website & Win, Is Sync the New Radio? Photo Credit: Rainer Hosch. Wasserman Music launched in April 2021 with the acquisition of Paradigm's North American live music representation business. Heres the Latest Data (Updated for 2022), How Much Artists Make Per Stream on Spotify, Apple Music, Amazon, YouTube, Pandora, More (Updated for 2022), Connect Music Acquires Londons MTX Music, Outlines Broader Global Expansion Plans, Songwriter Xplicit Signs with Electric Feel Entertainment for Management Signs Global Publishing Deal with Sony Music, Taylor Swift and Future Top Platinum and Gold Tallies for 2022, Def Leppard & Mtley Cre Announce 2023 World Tour Dates. London partner Tom Schroeder said: The pandemic was incredibly testing for the industry. The sports and media business of Casey Wasserman confirmed it was acquiring the music side of Paradigm last month, although rumours that that deal was being considered had been circulating. Rumours that such a sale was being considered first. from 8 AM - 5:30 PM GMT. The acquisition is . Copyright 2022 PR Newswire Europe Limited. The commitment from our staff was incredible, and I couldnt be more proud and determined to continue our journey. Wasserman Music launched in April 2021 with the acquisition of Paradigm's North American live music representation business. ", "We couldn't be more excited to be back under the same name as our longtime partners in London," said Wasserman Music EVP & Managing Executive Marty Diamond. "I am incredibly proud to reunite Alex, Dave, James, Tom and their team with the full force of our Wasserman Music group," said Casey Wasserman, Chairman and CEO of Wasserman. from 8 AM - 5:30 PM GMT. With this group now under one banner, we now have a truly scalable and serviceable global music practice and look forward to strengthening our platform together., "We couldn't be more excited to be back under the same name as our longtime partners in London," said Wasserman Music EVP & managing executive Marty Diamond. Business Leader hosts world-class national and regional business awards. Ron Burkle's Yucaipa was a minority partner in the company. Wasserman Music launched in April 2021 with the acquisition of Paradigm's North American live music representation business. Wasserman Music launched in April 2021 with the acquisition of Paradigms North American live music representation business. 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Wasserman Music acquires Paradigm's UK live music business - TheTicketingBusiness News All the latest entertainment ticketing ecosystem news from around the globe and up-to-the-minute media coverage from all the leading voices in the ticketing business industry, all in one place - curated and edited by TheTicketingBusiness team at Xperiology. Wasserman Music will open with more than 130 employees and, according to a press release, "plans to expand assertively as the live entertainment business rebounds in 2021 and 2022." April 26, 2022. The commitment from our staff was incredible, and I couldnt be more proud and determined to continue our journey. Robert Challice 020 7017 2500 rob.challice@teamwass.com 1-3 Wenlock Road London N1 7SL Areas of specialism. What we saw in Wasserman was a company very different from others dynamic, fast-moving, open, and honest. Speaking yesterday (27 April) at the International Live Music . Earlier this year, Wasserman Music acquired Paradigm's UK live music representation business, expanding its global client roster and European footprint, and in January, sports media, broadcast, and consulting agency The Montag Group was acquired. Casey Wasserman today unveiled Wasserman Music, an amalgamation of his existing business that has been bolstered by the acquisition of Paradigm Talent Agency's North American live music representation business. Details of the new company, including name and configuration, will be shared by Wasserman after the . Throughout its 20-year history, Wasserman has deliberately and strategically grown its worldwide presence through both targeted acquisitions and organic growth, establishing itself in the areas of brands and properties consultancy, sports talent representation, and music artist representation. Continue reading Over 1,000 songs with human-mimicking AI vocals have been released by Tencent Music in China. More recently, UTA closed out 2021 by dropping a reported $125 million on strategic-advisory firm MediaLink. I am incredibly proud to reunite Alex, Dave, James, Tom and their team with the full force of our Wasserman Music group, said Casey Wasserman (pictured), chairman and CEO of Wasserman. The addition of the London-based team to Wasserman Music reunites the British team with their longtime colleagues in North America, and grows the agencys global reach as it continues to build and develop its roster of world-renowned artists. In a deal that expands the agencys global client roster and its European footprint, Wasserman Music has completed an acquisition of Paradigm Talent Agencys UK live music representation business. Your account has successfully been created.Please login to your account to set your preferences. With two dozen agents and a total staff of 72 people, they represent a roster of artists across pop, rock, electronic, hip-hop and beyond for touring and brand partnerships. With the U.K. client roster merging into Wasserman Music, the agency now also handles international representation outside North America for artists including Bon Iver, FKA twigs, Lewis Capaldi, Liam Payne, Mark Ronson, My Chemical Romance, PinkPantheress, RagnBone Man, Rita Ora, Robyn, Sean Paul, Shawn Mendes, Take That and X Ambassadors. Paradigm was represented by Venable LLP. LOS ANGELES, April 26, 2022 - In a deal that expands both the agency's global client roster and its European footprint, Wasserman Music has completed an acquisition of Paradigm Music UK's live music representation business. Wasserman Music launched in April 2021 with the acquisition of Paradigm's North American live music business. Since founding CODA Agency in 2002, the London-based partners have built Europe's leading agency business for music talent. It really made us all look at everything we have achieved and where we were going. Paradigm first acquired a stake in CODA in early 2014. Wasserman, the agency founded and helmed by Casey Wasserman, has completed a year-long negotiation to acquire Paradigm Talent Agency's North American live music representation business from . 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Paradigm will continue its collaboration with Wasserman Music through the shared representation of music clients in film, television, theatre, and publishing. Regional Business Leader Awards South West, Regional Business leader awards south west. 6 = three .hide-if-no-js { With this group now under one banner, we now have a truly scalable and serviceable global music practice and look forward to strengthening our platform together., We couldnt be more excited to be back under the same name as our longtime partners in London.. display: none !important; Unfortunately Not Very Much (Updated for 2022), How Much Does Spotify Pay Per Stream? Wasserman Music Ltd. London region. It has now expanded into music artist representation, alongside sport and brands. We have persevered and continued to excel in our global efforts during this incredibly challenging time, and we have worked closely through it all to provide continuous service to our clients.". They not only persevered through a once in a lifetime pandemic, but prioritized their clients and partnerships in a way that is consistent with our values and commitment to talent. The addition of the London-based team to Wasserman Music reunites the British team with their longtime colleagues in North America, after Paradigm merged London-based CODA Agency into its business in 2019. Wasserman Music's roster now includes globally represented artists Baby Keem, Bastille, Billie Eilish, Brent Faiyaz, Disclosure, Drake, Frank Ocean, Fred again.., Imagine Dragons, Kacey Musgraves, Kenny Chesney, Liam Gallagher, Louis Tomlinson, Normani, ODESZA, Old Dominion, Pharrell, Sia, Skrillex, Sturgill Simpson, SZA, Turnstile, Wet Leg and Zedd, among many others. Paradigm will continue its collaboration with Wasserman Music through the shared representation of music clients in film, television, theatre, and publishing. With this group now under one banner, we now have a truly scalable and serviceable global music practice and look forward to strengthening our platform together, concluded the LA28 chairman, who previously sold his mansion to David Geffen for well over $60 million. Wasserman Music is a division of Wasserman, a partner to the world's most iconic sports figures, musical artists, brands, and properties.Website | Roster | Instagram, Logo -https://mma.prnewswire.com/media/1802119/WassermanMusic_Logo_Icon_Red_Logo.jpg, +44 (0)20 7454 5110 6h Back, left to right: Audrey Edgley, Max Wiebrecht, Nate Ritches, Drew Hoffman, Matt Kimble, Paradigm's Scott Melrose, Chappel McCollister, Matt Runner, Keith Levy Front, left to right: Chloe Bell, Charla Smith, Anna Kathryn Groom, Margaret Bushart, Kiely Mosiman Show this thread Wasserman Music @WassermanMusic With the U.K. client roster merging into Wasserman Music, the agency now also handles international representation outside North America for artists including Bon Iver, FKA twigs, Lewis Capaldi, Liam Payne, Mark Ronson, My Chemical Romance, PinkPantheress, Rag'n'Bone Man, Rita Ora, Robyn, Sean Paul, Shawn Mendes, Take That and X Ambassadors. What we saw in Wasserman was a company very different from others dynamic, fast-moving, open, and honest. | Cookie Policy Business Leader Magazine is produced bi-monthly. We have always seen ourselves as the alternative, and that fits better today than ever before., Sam Gores, majority shareholder of Paradigm Music UK, stated: The UK music partners are an exceptional group, and we congratulate them on this new chapter.. Wasserman Musics roster now includes globally represented artists Baby Keem, Bastille, Billie Eilish, Brent Faiyaz, Disclosure, Drake, Frank Ocean, Fred again.., Imagine Dragons, Kacey Musgraves, Kenny Chesney, Liam Gallagher, Louis Tomlinson, Normani, ODESZA, Old Dominion, Pharrell, Sia, Skrillex, Sturgill Simpson, SZA, Turnstile, Wet Leg and Zedd, among many others. Wasserman Music represents nearly 400 artists worldwide, including Bastille, Baby Keem, Billie Eilish , Disclosure, Drake, Frank Ocean, Imagine Dragons, Kacey Musgraves, Kenny Chesney, Liam Gallagher, Louis Tomlinson , Normani, Pharrell, Phish, Sia, Skrillex, SZA, Wet . Regarding the post-acquisition executive roster of Wasserman Music, Paradigm UK partners (and former Coda partners) Dave Hallybone, Alex Hardee, Tom Schroeder, and James Whitting have now joined the Wasserman Music Managing Executive team, the company disclosed. Wasserman Music buys Paradigm UK By Chris Cooke | Published on Wednesday 27 April 2022 When talent agency Paradigm sold its US music division to sports marketing and talent management. Copyright 2022 Business Leader Ltd document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); By signing up to receive the Business Leader newsletter you will receive breaking business news, exclusive interviews and original content three times a week to your inbox. We have always seen ourselves as the alternative, and that fits better today than ever before.". With the UK client roster merging into Wasserman Music, the agency now also handles global representation outside North America for artists including Bon Iver, FKA twigs, Lewis Capaldi, Liam Payne, Mark Ronson, My Chemical Romance, PinkPantheress, RagnBone Man, Rita Ora, Robyn, Sean Paul, Shawn Mendes, Take That and X Ambassadors. Wasserman Music launched in April 2021 with the acquisition of Paradigm's North American live music representation business. | Terms & Conditions Bands and Singers; Contemporary music; International Artists; Live music; Sport; Back to agents listing. Wasserman Music launched in April 2021 with the acquisition of Paradigm's North American live music representation business. Paradigm will continue its collaboration with Wasserman Music through the shared representation of music clients in film, television, theatre, and publishing. You may also receive invitations to our events and please do get in touch with us to let us know what type of content you like best. With two dozen agents and a total staff of 72 people, they represent a world-class roster of artists in pop, rock, electronic, hip hop and beyond for touring and brand partnerships. By submitting your details you confirm that you agree to the storing and processing of your personal data by Business Leader Ltd as described in the privacy statement. In its first two decades, Wasserman established itself as a sports talent agency. CODA partnered with Paradigm in 2014 and fully came under the Paradigm name in 2019. Get the UK's leading business content straight to your inbox every week. These emails form part of the service you elect to receive when you subscribe to any of MBW's free email services. The passionate, entrepreneurial agents at Wasserman Music. Earlier this year, Wasserman Music acquired Paradigm's U.K. live music representation business, expanding its global client roster and European footprint, and in January, leading sports media, broadcast, and consulting agency The Montag Group was acquired, immediately making Wasserman a major player in the sports media realm and bolstering the post-career services offering to all clients. | Privacy Policy. As expected, Casey Wasserman has raised the curtain on Wasserman Music, a new powerhouse player in music built on the back of Paradigm's former music division.. Wasserman on Wednesday completed the complicated transaction that saw Paradigm sever off its music operation for sale as the company faced a spiraling financial crisis last year amid the hardships imposed by the pandemic. Casey Wasserman, grandson of media mogul Lew Wasserman, founded the company in 1998 and acts as its chief executive.. History. It really made us all look at everything we have achieved and where we were going. Wasserman Music, which will represent artists including Ed Sheeran, Coldplay and Billie Eilish, is to be operated as a unit of the larger Wasserman organisation. Since founding CODA Agency in 2002, the London-based partners have built what Wasserman calls Europes leading agency business for music talent. Paradigm Talent Agency has agreed to sell its North American live music representation business to Casey Wasserman's lifestyle marketing and management firm, the agency said. Wasserman had only finalized the underlying purchase agreement in March of 2021, after Paradigm had laid off a substantial number of its music agents, several of whom went on to establish competing agencies. . Paradigm zal zijn samenwerking met Wasserman Music voortzetten door de gedeelde vertegenwoordiging van muziekklanten in film, televisie, theater en uitgeverijen. Since founding CODA Agency in 2002, the London-based partners have built Europe's leading agency business for music talent. Delivered for FREE, direct to your inbox each day. North American sports marketing and talent management firm Wasserman has launched its new music-focused booking agency following the acquisition of the music division of the Paradigm agency. The addition of a Wasserman Music office in London adds to the agency's unparalleled network of global connections, operating across more than 30 offices in 14 countries. Wasserman Music launched in April 2021 with the acquisition of Paradigms North American live music representation business. Throughout its 20-year history, Wasserman has deliberately and strategically grown its worldwide presence through both targeted acquisitions and organic growth, establishing itself as one of the world's leading companies in the areas of brands and properties consultancy, sports talent representation, and music artist representation. As part of the deal, U.K. partners Dave Hallybone, Alex Hardee, Tom Schroeder and James Whitting have joined the Wasserman Music Managing Executive team. CODA partnered with Paradigm in 2014 and fully came under . Who is going to buy the Pink Floyd catalog? We share common values and a deep commitment to artist development, and with live music coming back huge this year, were confident that together we can secure the health, success and growth of our clients careers throughout the world. W When Casey Wasserman takes control of Paradigm's music division in the coming weeks, he will manage the sprawling music agency that represents headliners like Ed Sheeran, Shawn Mendes and. In 2002, Wasserman acquired the sports marketing and naming-rights company Envision and the action sports marketing and representation firm The Familie . Wasserman Music launched in April 2021 with the acquisition of Paradigm's North American live music representation business. Just one month after news of the sale broke, Wasserman. You can unsubscribe from said promotional emails at any time. Business Leader hosts in-person and online events including prestigious business awards. Virtual concert startup Flymachine raises $21m with backing from Coran Capshaw, Bill Silva and Marty Diamond, SoundExchange Sr. Director, Music Publishing Rights Management (Remote, US), Cinq Music Group Manager, Music Rights Administration (Remote, US), CINQ Music Group Vice President, Global Marketing (Remote, US), Warp Records HR & Office Manager/PA (UK), The Steve Cooper exit interview: 'All successful companies get to a point where they'd benefit from fresh eyes. LOS ANGELES, April 27, 2022 /PRNewswire/ -- In a deal that expands both the agency's global client roster and its European footprint, Wasserman Music has completed an acquisition of Paradigm Music UK'slive music representation business. In a deal that expands both the agencys global client roster and its European footprint, Wasserman Music has completed an acquisition of Paradigm Music UKs live music representation business. 4 CAA, WME, Paradigm & UTA stand out with rosters 3-5x the size of the next biggest & significantly larger artists.. WME & CAA had a clear lead. They not only persevered through a once in a lifetime pandemic, but prioritised their clients and partnerships in a way that is consistent with our values and commitment to talent. Wasserman was represented by McGuireWoods as U.S. counsel and Clarke Willmott as U.K. counsel. Wasserman's new. Wasserman Music has officially acquired the live music representation business of Paradigm UK, higher-ups have announced. Wasserman Music EVP & Managing Executive Marty Diamond, said: We couldnt be more excited to be back under the same name as our longtime partners in London. Your password reset link has been sent, please check your email. As part of the deal, U.K. partners Dave Hallybone, Alex Hardee, Tom Schroeder and James Whitting have joined the Wasserman Music Managing Executive team. Sign up to our daily newsletter plus other alert services. As part of the deal, UK partners Dave Hallybone, Alex Hardee, Tom Schroeder and James Whitting have joined the Wasserman Music Managing Executive team. The announcement was made by Casey Wasserman, chairman and CEO of Wasserman. I am incredibly proud to reunite Alex, Dave, James, Tom and their team with the full force of our Wasserman Music group, said Casey Wasserman, Chairman and CEO of Wasserman. All Rights Reserved. April 21, 2021 by Lorie Hollabaugh. Wasserman Music represents nearly 400 artists worldwide, including Bastille, Baby Keem,Billie Eilish, Disclosure, Drake, Frank Ocean, Imagine Dragons, Kacey Musgraves, Kenny Chesney, Liam Gallagher, Louis Tomlinson, Normani, Pharrell, Phish, Sia, Skrillex, SZA, Wet Leg and Zedd. The grandson of Hollywood legend Lew Wasserman, Casey Wasserman adds Paradigm's robust touring business with clients that include Billie Eilish, Coldplay and Ed Sheeran to its existing. UPDATED: After months of rumors, Paradigm Talent Agency have announced an agreement in principle under which Casey Wasserman's Wasserman film will acquire Paradigm's North American live music representation business and form a new operating unit, Paradigm reps confirmed to Variety.. (From left to right) James Whitting, Dave Hallybone, Alex Hardee and Tom Schroeder - Partners at Paradigm Music UK. Wasserman Music launched roughly a year ago when Wasserman Agency bought Paradigm's North American live music representation business from founder Sam Gores and his brother Tom Gores.. US-based sports and entertainment talent agency Wasserman has completed its acquisition of Paradigm Talent Agency 's North American live music representation business and launched a new division called Wasserman Music. They founded the Coda Agency in 2002, in 2014 Paradigm bought a 50% stake in Coda and five years later it acquired a controlling stake in the company and rebranded it. Wasserman was represented by McGuireWoods as US counsel and Clarke Willmott as UK counsel. teamwass.com Contact details. We have persevered and continued to excel in our global efforts during this incredibly challenging time, and we have worked closely through it all to provide continuous service to our clients. The addition of a Wasserman Music office in London adds to Wasserman's unparalleled network of global connections and expertise, operating across more than 30 offices in 14 countries on three continents. +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT, +44 (0)20 7454 5110 They occupied a similar (sweet) spot: large rosters with the largest artists. Paradigm was represented by Venable LLP as U.S. counsel and Osborne Clarke as U.K. counsel. What we saw in Wasserman was a company very different from others dynamic, fast-moving, open, and honest. to working in the talent and comedy departments at several major agencies before deciding he wanted to focus on music. The buyout of Paradigm UKs music touring operations arrives a little over one year after two-decade-old talent agency Wasserman rebranded the troubled music division of Paradigm proper as Wasserman Music. Anderson was heavily involved in Paradigm's transition to Wasserman Music, where he again sits on the executive management team, oversees the agency's genre group leaders and enhances its diversity, equity, and inclusion initiatives. }, Casey Wasserman. MBW occasionally sends important promotional emails that involve strategic collaborations with industry partners. Email: musicweek@abacusemedia.com. "We share common values and a deep commitment to artist development, and with live music coming back huge this year, we're confident that together we can secure the health, success and growth of our clients' careers throughout the world. Wasserman Music has acquired Paradigm UK's live music representation business, expanding its global client roster and deepening European footprint as it adds to the Paradigm North America liv 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. The news follows months of speculation, including TheWrap reporting last June that Wasserman was back in talks with Paradigm's co-owner and investor Tom Gores leading the . When typing in this field, a list of search results will appear and be automatically updated as you type. With two dozen agents and a total staff of 72 people, they represent a roster of artists in pop, rock, electronic, hip hop and more for touring and brand partnerships. The passionate, entrepreneurial agents at Wasserman Music are long-term artist development strategists who build significant, global platforms for the world's most impactful artists. The deal has been in the works for a while. We are one family of brands, united by a singular sense of purpose. The buyout of Paradigm UK's music touring operations arrives a. Talent agency Paradigm is selling its music division in the US to LA-based sports marketing and talent management firm Wasserman. Record labels are seeing slower growth from streaming. Wasserman Music has launched following the completion of the acquisition of Paradigm Talent Agency's North American live music representation business. MBW does not and will not share your data with any third-parties. ", London partner Tom Schroeder said, "The pandemic was incredibly testing for the industry. As part of the Paradigm. The grandson of Hollywood legend Lew Wasserman, Casey Wasserman adds Paradigm's robust touring business with [] Wasserman Music has completed an acquisition of Paradigm Music UK's live music representation business. The grandson of Hollywood legend Lew Wasserman, Casey Wasserman adds Paradigm's robust touring business with clients that include Billie Eilish,. 2 min read Wasserman Music has acquired Paradigm UK's live music representation. Casey and his team are the most ambitious we have ever met, and their reach and vision is inspiring. They not only persevered through a once in a lifetime pandemic, but prioritized their clients and partnerships in a way that is consistent with our values and commitment to talent. Leveraging their own experience and expertise, alongside the resources and connections of the wider Wasserman family, their aim is to transform and advance artists' careers. In addition to the aforementioned debut of agencies founded by laid-off employees, September of 2021 brought with it CAAs acquisition of ICM Partners, after UTA earlier that year became the owner of Londons Echo Location Talent Agency. 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